At 2 p.m. in the Tokyo stock market, the Nikkei 225 was soft, trading approximately ¥200 below the previous day. Concerns over reports of the dismissal of the US Nvidia CEO have worsened anxiety across the market.
At 2 p.m., estimated trading value on the Tokyo Stock Exchange Prime Market was approximately ¥5.9586 trillion, while trading volume was approximately 1.66116 billion shares. The Nikkei 225 had fallen approximately ¥200 from the previous day, and remained soft amid factors affecting AI-related stocks.
Reports concerning the dismissal of Nvidia CEO Jensen Huang have increased uncertainty over the growth outlook for the AI market, while moves in semiconductor stocks in Asian markets have weighed on Japanese equities. Developments in Taiwan and South Korea have also influenced the Nikkei 225.
Among individual stocks, Ibiden extended its decline, while Advantest and SoftBank Group also fell. Tokyo Electron, Shin-Etsu Chemical and KDDI, meanwhile, remained relatively firm or at elevated levels. Nikkei QUICK News reported the overall market direction and individual stock moves.