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Japan's Nikkei slumps as chip selloff, geopolitical tensions dent risk appetite
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Japan's Nikkei slumps as chip selloff, geopolitical tensions dent risk appetite
Jun 10, 2026 6:03 PM

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.

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