Tokyo stocks fell for a third straight session. Selling spread across AI-related stocks, and the market opened about ¥302 lower than the previous day, following the decline in U.S. stocks.
The Nikkei average opened sharply lower than the previous day, starting down for a third consecutive session. The market followed the trend of declining U.S. stocks.
High-priced AI and semiconductor stocks were sold, strengthening investors’ risk-averse stance. The article reports the view that markets reacted negatively to the head of a U.S. AI company calling for a slowdown in AI development.
Against this backdrop, the market’s attention remains focused on the performance of AI-related stocks.