Japan's Nikkei falls over 3% as global chip selloff hits semiconductor stocks

Global Market: Japan’s Nikkei plunges over 4% as chip stocks track global tech selloff

Japan's Nikkei fell 4.34% with chip stocks plunging (memory makers down 18%) as AI valuations face correction post-Nvidia. The 21% semiconductor decline since June signals repricing on aggressive AI capex, reshaping enterprise hardware budgets and procurement.