TOKYO, June 11 (Reuters) - Japan's Nikkei share average fell
on Thursday, weighed by a selloff in chip-related stocks, while
escalating U.S.-Iran tensions reignited inflation concerns and
prompted investors to shun risky assets.
The Nikkei was down 1.3% at 63,360.96, as of 0046
GMT. Earlier in the session, the benchmark fell as much as
nearly 3%, slipping below the 63,000 level for the first time
since May 22. The broader Topix slid 1.6% to 3,787.08.
Washington carried out renewed strikes against multiple
targets overnight in Iran, the U.S. military said on Wednesday,
hours after President Donald Trump vowed new attacks if no peace
deal is secured.
Tech investment conglomerate SoftBank Group dragged
the Nikkei index by 233 points, down 3.6%. Fujikura ( FKURF ),
which produces optical fibre that is a key component of AI data
centres, lost 6%, while semiconductor testing equipment maker
Advantest ( ADTTF ) shed 3.7%.
There were 184 decliners in the Nikkei index against 40
advancers.