Global Market: Japan’s Nikkei falls as chip stocks retreat on AI spending concerns

What happened: Japan's Nikkei 225 fell as chip-related stocks led declines on concerns about the sustainability of AI capital expenditure. Key numbers: Nikkei 225 fell 0.8% to 64,128.54 by 0137 GMT after a 0.9% rise on Wednesday. Tokyo Electron fell 4.1%, Screen Holdings 6%, Lasertec 2.7%, Fujikura 3%, SoftBank Group 3.1%. Why it matters: Investors are increasingly looking toward 2027 to judge whether AI infrastructure and computing spending can maintain momentum, and the split between semiconductor and other tech stocks shows a more selective approach to the AI trade.

Nikkei fell as chip stocks retreated on AI spending concerns.

Nikkei fell as chip stocks retreated on AI spending concerns. — impact context not separately stored; see What changed.