Japan's Nikkei share average declined 1.3% on Thursday, impacted by a selloff in chip-related stocks. Escalating U.S.-Iran tensions fueled inflation concerns, leading investors to avoid risky assets. SoftBank Group was a significant drag on the index, contributing to the broader market downturn.

The tech-heavy Nikkei 225 Stock Average dropped as much 4% as of 10:12 a.m. Tokyo time, its steepest decline since March 30. | World News

Japan's Nikkei share average experienced its biggest drop in three months. The yen also weakened significantly against the dollar. Concerns over technology stock valuations and…

The Nikkei was choppy earlier in the session, inching down as much as 0.16%.

Japan's Nikkei share average declined 1.3% on Thursday, impacted by a selloff in chip-related stocks. Escalating U.S.-Iran tensions fueled inflation concerns, leading investors to…