Japan's Nikkei falls as chip stocks track Nvidia caution

boursorama.com (French)

Japan's Nikkei index fell Tuesday as semiconductor-related stocks declined, mirroring U.S. losses amid investor caution ahead of Nvidia's earnings report. The Nikkei dropped 0.5% to 65,197.7, while the broader Topix edged up 0.06%. Shipping stocks rose 2.91% on Middle East tensions, but chip test equipment maker Advantest fell 3.33% and Tokyo Electron lost 1.03%. Nvidia's quarterly results, due Wednesday, are seen as a key market catalyst. The stock has fallen for seven consecutive sessions. Samsung's 3.5% decline also weighed on Japanese chip stocks.


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Japan's Nikkei falls as chip stocks track Nvidia caution | News Minimalist