Japan’s Nikkei falls 0.7% as AI-linked shares slide ahead of Nvidia earnings
Asian equities weakened as Japan's Nikkei fell 0.7% with AI-linked names pressured ahead of Nvidia earnings, while rising yields and inflation concerns revived expectations for a Bank of Japan hike. Risk-off broadened: Korea's KOSPI dropped 3.1% on Samsung's sharp fall, and Alibaba slid on a large share placement. Near-term positioning is likely to stay cautious into key tech and central-bank catalysts.
Affected assets
NCSINIKKEI2252USD/USDT-1.19%
AI Insight · NCSINIKKEI2252USD/USDTAI Insight
▼ Bearish
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Japan’s Nikkei 225 closed down 0.7%, with AI-themed stocks broadly under pressure as Fujikura, Advantest and SoftBank Group posted steep declines, while chip-equipment maker Tokyo Electron rose. South Korea’s KOSPI fell 3.1% led by a drop in Samsung Electronics, and China’s Alibaba slid sharply after a large share placement. Markets are watching Nvidia’s earnings and the Bank of Japan’s interest-rate policy.