(Updates closing prices in paragraph 2 and details)

By Kevin Buckland

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

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

pressured 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 fell nearly 1% to close at 63,754.90,

while the broader Topix lost 1.1% to 3,960.03. Of the

Nikkei's 225 components, 169 fell versus 52 that rose and four

that ended flat.

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 jumped more than 4% on Friday and touched its

highest level since July 24, powered by a rally in technology

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

about the industry's massive AI spending.

Still, multiple Japanese chip-linked heavyweights declined

on Monday, with Tokyo Electron ( TOELF ) down 0.9% and Advantest ( ADTTF )

slipping 3.3%.

Automakers were among the biggest laggards, with Toyota ( TM )

dropping 3.4% and Suzuki down 6.7%.

Among the notable winners were AI-focused startup investor

SoftBank Group, which recouped early losses to climb

2.5%, and Lasertec ( LSRCF ), which climbed nearly 8%.

Shares of Kioxia ( KXHCF ) rallied 5.7% after the memory

chipmaker floated a buyback plan, and chipmaker Renesas soared

13.5% on the back of its financial results.