Nikkei 225 falls below 62,000 yen amid AI semiconductor concerns

The Nikkei 225 index experienced a significant decline during morning trading in Tokyo, dropping by 1,082 yen and temporarily falling below the 62,000 yen mark. This downturn follows a sell-off in U.S. tech stocks and a sharp decline in the SOX index, driven by concerns regarding the return on investment for AI-related businesses.

The decline was largely fueled by selling pressure on AI semiconductor-related stocks. While the market showed some signs of stabilizing after the initial morning drop, recovery remained limited as investors maintained caution regarding the valuation of AI-related assets.