The Japanese stock market declined in early trading, affected by concerns related to artificial intelligence caused by the decline in US memory chip concept stocks such as Dell and Micron Technology on Wednesday. The Nikkei Index fell 2.1% to 67332.70 points. IG chief market analyst Chris Beauchamp said in an email that both the Nikkei Index and the Nasdaq Composite “have taken advantage of the AI boom, but now the deal appears to be impacted by uncertainty and is at risk of further decline.” Among the worst performing constituent stocks in Japan's benchmark index, Kioxia fell 8.9%, International Electric fell 6.7%, and Ibiden fell 5.9%.

The Japanese stock market declined in early trading, affected by concerns related to artificial intelligence caused by the decline in US memory chip concept stocks such as Dell and Micron Technology on Wednesday. The Nikkei Index fell 2.1% to 67332.70 points. IG chief market analyst Chris Beauchamp said in an email that both the Nikkei Index and the Nasdaq Composite “have taken advantage of the AI boom, but now the deal appears to be impacted by uncertainty and is at risk of further decline.” Among the worst performing constituent stocks in Japan's benchmark index, Kioxia fell 8.9%, International Electric fell 6.7%, and Ibiden fell 5.9%.