Nikkei 225 slides 4.40% to 63,896.48 as chip-share overheating fears intensify
Japan's Nikkei 225 fell over 4% as TSMC's higher capex plans revived fears of semiconductor overheating and pressured chip-related equities, amplifying a broader risk-off move. Geopolitical escalation in the Middle East further weakened risk appetite, reinforcing equity downside momentum. FX moves were limited despite official readiness to intervene, leaving equities as the primary shock absorber in the near term.
Affected assets
NCSINIKKEI2252USD/USDT+0.90%
AI Insight · NCSINIKKEI2252USD/USDTAI Insight
▼ Bearish
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Japan’s Nikkei 225 tumbled 4.40% to 63,896.48 in Friday morning trade, marking its sharpest single-day drop in recent weeks. The decline was led by heavy losses in chip-related stocks after Taiwan Semiconductor Manufacturing Co. raised its capital spending plan, stoking concerns about sector overheating and the durability of earnings. Geopolitical tensions in the Middle East further dampened risk appetite.