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The Economic Times
The Economic Times
Anupam Nagar

Global Market: Japan’s Nikkei plunges over 4% as chip stocks track global tech selloff

Nikkei Japan Advantest Kioxia Tokyo Electron Semiconductor United States

Japan’s Nikkei share average tumbled more than 4% on Tuesday to its lowest level in two months, dragged down by heavy losses in chip-related stocks as investors turned cautious ahead of major technology companies’ earnings reports.

The Nikkei fell 4.34% to 62,112.91 by 0223 GMT, while the broader Topix index declined 2.76% to 3,953.88.

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