Credit concerns surrounding AI-related stocks are expected to spread in some areas through the end of October, with the market expected to settle following next week's earnings announcements. The Nikkei 225 traded ¥214 lower on the 23rd than the previous day.
The Nikkei 225 closed at ¥62,693.16 on the 23rd, down ¥214.68 from the previous day. Selling-climax trading conditions are expected to continue, and some observers say short-term downward pressure remains.
Credit concerns surrounding AI-related stocks are considered limited to October, and the market is expected to settle following next week's earnings announcements. Market participants expect negative factors to be fully priced in.
While caution is considered necessary regarding yen appreciation driven by the Bank of Japan, some observers believe the deterioration in market factors could subside following next week's monetary policy meeting.
NVIDIA's new GPU, Rubin, has reportedly been ramping up since September, and developments related to AI are being discussed as a market topic.