The Nikkei Stock Average fell back in morning trading on the Tokyo Stock Exchange on the 27th, standing at ¥66,164, down ¥97 from the previous day. Buying triggered by NVIDIA's earnings was seen briefly, but the momentum did not continue, while concerns about soaring memory prices heightened awareness of a slowdown in AI investment.
The Nikkei Stock Average fell back in morning trading on the Tokyo Stock Exchange on the 27th. It ended at ¥66,164, down ¥97 from the previous day, with trading indicating a correction following last week's sharp surge. Buying initially led the market on the 26th against the backdrop of earnings from major U.S. semiconductor company NVIDIA, but the buying momentum did not last through the morning.
It was reported that buying spread across AI and semiconductor stocks after NVIDIA's earnings, but market participants grew more wary of soaring memory prices. Trends in the memory market mentioned by NVIDIA management raised concerns that companies might be unable to sustain the momentum behind AI investment, bringing a slowdown in investment sentiment into focus.