The Nikkei 225 fell sharply midway through the morning session, dropping ¥2,133.97 from the previous day to ¥65,326.76 at 9:18 a.m. Selling in AI- and semiconductor-related stocks continued in the market, while Kioxia Holdings and Fujikura also fell sharply.
The Nikkei 225 widened its losses midway through the morning session, falling ¥2,133.97 from the previous day to ¥65,326.76 as of 9:18 a.m. Market participants said selling in AI- and semiconductor-related stocks was weighing on the market.
At the open, the Nikkei 225 started at ¥66,812.27, down ¥648.46 from the previous day. The decline was apparently influenced by continued selling in technology stocks as higher interest rates were a focus in the U.S. market.
Among individual stocks, Kioxia Holdings fell more than 8% and Fujikura fell more than 7%. There was speculation that trends in AI- and semiconductor-related stocks continued to drive the broader market's decline.