The Nikkei Average fell in the morning session, down approximately ¥703 from the previous day at ¥63,917.43. AI and semiconductor stocks were sold following Lam Research's earnings report, weighing on the market.
In Tokyo morning trading, the Nikkei Average fell 1.09% from the previous business day to ¥63,917.43. Lam Research, a major U.S. semiconductor manufacturing equipment maker, fell in after-hours trading following its earnings report, prompting selling in AI- and semiconductor-related stocks and weighing on the market. The decline widened toward the end of the morning session, taking the index below the ¥64,000 threshold.
The Nikkei Average briefly recovered into positive territory after the morning open but then fell back into negative territory. Among individual stocks, high-contribution names including Tokyo Electron and Advantest were weak. The TOPIX traded slightly lower.
In terms of market interest, cybersecurity-related stocks rose sharply. Speculative buying spread after the disclosure of a serious vulnerability in PHP, a programming language used to operate websites.