The Nikkei Average fell more than ¥1,400 at one point in Tokyo trading at the start of the week. Concerns over the profitability of AI-related startups were the backdrop.
The Nikkei Average fell more than ¥1,400 from the previous day at one point in Tokyo trading at the start of the week. Selling, centered on semiconductor-related names, weighed on the market, with increased risk aversion among investors cited as a factor.
In New York, concerns over the profitability of AI-related startups spread, and semiconductor and IT-related names fell sharply. The turbulence in European and US equity markets may have spilled over into Japan.
The article points to uncertainty over the future profitability of AI-related companies, drawing attention to supply-and-demand trends in related names. Future developments are likely to affect market sentiment alongside domestic and overseas share-price movements.