Japanese shares plunged shortly after the opening bell on Friday as artificial intelligence concerns triggered an intense selloff. The Nikkei index fell 5.5% to 57,713.19 within the first 18 minutes of trading, while the broader Topix shed 4.9%. Market losses were projected to expand further because prominent chip and artificial intelligence names like SoftBank Group and Advantest had not yet commenced trading. This sharp drop builds on a rout that started on Wednesday alongside election results and mirrors heavy overnight losses on Wall Street.
Key points
The multi-day slump in Japanese technology equities initially began on Wednesday as regio…: The multi-day slump in Japanese technology equities initially began on Wednesday as regional election results emerged.
Heavy market declines are anticipated to expand further as key chipmakers SoftBank Group…: Heavy market declines are anticipated to expand further as key chipmakers SoftBank Group and Advantest open for trading.
Accelerating market anxieties regarding the artificial intelligence sector continue to dr…: Accelerating market anxieties regarding the artificial intelligence sector continue to drive major tech losses across global equity exchanges.
Sources checked by our analysis pipeline: 1
Overnight, the S&P 500 and the Nasdaq indexes suffered their steepest fall since April 2025.
Friday's selloff in Tokyo extends a rout in Japanese tech stocks that began on Wednesday, as the results of the elections started to be known.
The Nikkei was down 5.5% at 57,713.19 as of 0018 GMT, 18 minutes into the trading day.
Losses were set to deepen with most of the major chip and AI stocks yet to trade, including Advantest and SoftBank Group.
The broader Topix lost 4.9%.
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