Declines spread across AI and semiconductor stocks, and the Nikkei temporarily fell below ¥65,000. The market grew more cautious over the CoreWeave shock, with attention focused on the outlook for AI investment.
Stock prices reportedly fell across the board, particularly among AI-related issues, affecting sentiment toward semiconductor stocks. Investors showed a stronger risk-off stance, which was reported to be affecting activity across the capital markets.
The Nikkei Stock Average fell below ¥65,000 at one point during trading, prompting broader scrutiny of the index's movement. Some observers noted that macroeconomic market caution, as well as individual stock movements, was influencing market sentiment.
Reports indicated that caution toward AI investment was intensifying in what was being called the “CoreWeave shock.” There was a view that the flow of funds into AI-related assets and supply-demand trends could affect future market conditions.