TOKYO, Aug 3 (Reuters) - Japan's Nikkei share average fell

on Monday from a one-week high in the previous session, hurt by

a rapid appreciation in the yen after Tokyo and Washington

confirmed they had carried out a rare joint currency

intervention late last week.

The Nikkei sank 2.2% to 62,956.48 by 0058 GMT, while

the broader Topix lost 2.8% to 3,893.17. Of the Nikkei's

225 components, 212 fell and only 13 rose.

The yen gained as much as 1.4% to a nearly three-month high

of 155.20 per U.S. dollar, adding to a 3.8% surge over the

previous two sessions. A stronger yen reduces the value of

overseas revenue for Japan's many heavyweight exporters.

"The joint currency intervention is the biggest focus for

stocks today," weighing broadly on the market, said Wataru

Akiyama, an equities strategist at Nomura Securities.

Japan and the United States conducted coordinated yen-buying

intervention and will not hesitate to take further action,

Japan's finance ministry said. The yen had been hovering around

a 40-year trough against the dollar late last month.

The Nikkei had jumped more than 4% on Friday and touched the

highest level since July 24, powered by a rally in tech stocks

after Microsoft's ( MSFT ) strong forecasts allayed fears about

the industry's massive AI spending.

On Monday, however, many Japanese chip-linked heavyweights

declined, with Tokyo Electron ( TOELF ) down 2.3% and Advantest ( ADTTF )

slipping 1.3%.

AI-focused startup investor SoftBank Group reversed an early

loss to rise 1.2%, and Lasertec ( LSRCF ) climbed more than 5%.

Memory chip maker Kioxia ( KXHCF ) soared about 10% after

announcing a share buyback plan.

All 33 of the Tokyo Stock Exchange's industry groupings

fell, with precision instrument makers down the least

with a 1.2% loss.

Transport equipment makers sank the most, losing

5%. Toyota ( TM ) fell 5.3% and Suzuki slid around

8%.

(Reporting by Kevin Buckland; Editing by Subhranshu Sahu)