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Japan's Nikkei slips as Nvidia disappointment weighs on tech shares
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Japan's Nikkei slips as Nvidia disappointment weighs on tech shares
Aug 28, 2024 10:39 PM

TOKYO, Aug 29 (Reuters) - Japan's Nikkei share average

slipped on Thursday, as technology shares declined, following

investor disappointment at AI darling Nvidia's earnings report.

The Nikkei was 0.32% lower at 38,250.01, as of 0049

GMT, after falling more than 1% earlier in the session.

Chip-testing equipment maker Advantest ( ADTTF ), an Nvidia

supplier, sank 1.6%, while chip-making equipment giant Tokyo

Electron ( TOELF ) slid 0.65%.

By contrast, the broader Topix was off just 0.04%,

with a subindex of growth shares falling 0.14% versus a

0.06% rise for value stocks.

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