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Global Market: Japan’s Nikkei slides over 2% as AI stock selloff deepens on US chip weakness

Economic Times 13 October 2026 at 06:13 am 1 min read 1 views Read Original
Global Market: Japan’s Nikkei slides over 2% as AI stock selloff deepens on US chip weakness

Japan’s Nikkei 225 fell 2.64%, extending losses to four sessions as AI-related and semiconductor stocks declined amid Wall Street weakness. Geopolitical tensions and inflation concerns added pressure, with wholesale prices rising 6.8% year-on-year in September. Kioxia Holdings plunged 13.02%, while shipping stocks gained despite broader market weakness.

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