Japan's Nikkei Falls as Kioxia Drops 13%, Tokyo Electron Limits Losses
Japan's Nikkei index declined as Kioxia shares plunged 13.29% due to a disappointing earnings outlook. Banking stocks also weakened. However, gains in Tokyo Electron and Panasonic, driven by positive profit forecasts and AI-related demand, helped limit overall losses. Investor sentiment remained cautious amid Wall Street's tech selloff and concerns about AI investment sustainability.
ET Markets··Tokyo


