Business · Markets · 1 hr ago
Tokyo stocks fall as investors weigh AI spending and chip earnings
Tokyo shares opened lower on Monday, the first trading session of the month.
The Nikkei index fell about 0.44% to 0.46% in early trading, while the broader Topix was also down.
Kioxia's earnings and doubts about AI investment weighed on investor sentiment.
Kioxia is a Japanese semiconductor company, and its results came out late last week.
Investors are questioning whether the huge sums being spent on artificial intelligence will produce lasting returns.
Technology and semiconductor shares faced selling pressure, with one account also pointing to a sharp fall in Intel shares and a correction in US markets.
The opening decline shows that concerns about AI spending are affecting Japan's stock market, though the reports give no indication of what happens next.
Tokyo stocks opened lower on Monday as technology and semiconductor shares faced selling pressure.
The Nikkei opened down 0.44 percent at 63,014.43, while the broader Topix was also lower.
Selling followed a correction in U.S. stock markets and a sharp fall in Intel shares.
Investors also questioned whether heavy investment in artificial intelligence will be profitable.
Kioxia Holdings released earnings late last week, adding to concerns about AI investment.
- Who
- Tokyo stock market investors and listed companies.
- What
- Tokyo stocks opened lower, with technology and semiconductor shares under selling pressure.
- When
- Monday, November 2, 2026.
- Where
- Tokyo, Japan.
- Why
- The decline followed a correction in U.S. markets, a sharp fall in Intel shares and concerns about the profitability of AI investment.
This story does not have two clearly opposing sides.
Kioxia Holdings Corp. released its earnings results.
Tokyo stocks opened lower as selling focused on technology and semiconductor shares.
The Nikkei fell 288.82 points, or 0.46 percent, to 63,001.29.
- Nikkei at opening
- 63,014.43, down 0.44 percent
- Nikkei after 15 minutes
- 63,001.29, down 288.82 points or 0.46 percent
- Topix after 15 minutes
- 3,940.92, down 24.15 points or 0.61 percent
- Dollar exchange rate
- 157.70 yen in ANSA’s report
- Main decliners on Prime Market
- Warehousing and harbor transportation services, banks and precision instruments