Bearish
Nikkei 225 drops 1.82% to 67,777.52 amid AI and semiconductor selloff
The Nikkei 225 index declined by 1.82% to close at 67,777.52 on October 13, 2026, driven by a selloff in AI and semiconductor stocks. This downturn was triggered by intensified competition from Chinese chipmaker CXMT, which announced advancements in memory products and increased production capacity. Notably, Kioxia Holdings, a major player in the sector, saw its shares plummet by 13.0%.
Key points
- Kioxia Holdings' shares fell 13.0% amid intensified competition from Chinese chipmaker CXMT.
- Sumco, SoftBank Group, and Resonac Holdings led the decline, with losses of 9.17%, 8.13%, and 7.34%, respectively.
- The Shanghai Composite Index rose 0.10% to 3,800.86, recovering from early session losses due to sector rotation.
Sources
- Nikkei 225 closes after AI selloff with 1,253-point dropAd-Hoc News · October 13, 2026
- The Nikkei 225 Index Closes 2.03% LowerTrading Economics · October 13, 2026
- O Nikkei 225 do Japão cai 1,82% em 13 de Outubro, em plena liquidação generalizada de ações de IA e semicondutores; a China recuperaGate News · October 13, 2026
AI-generated from public news sources. Not financial advice.
