Breaking

Nikkei Falls Over 1,300 Yen to 68,400 Range as AI Shares Sold Off

June 24, 2026 at 01:42 EDT

Finance
Infra & Chips

On June 24, the Tokyo stock market saw the Nikkei 225 extend losses, at one point dropping more than 1,300 yen below the previous day's close to the 68,400-yen range. Selling concentrated on AI and semiconductor-related shares such as Tokyo Electron and Advantest.

June 24, 2026 · Tokyo Markets

Nikkei 225 Slides a Second Day as the AI Chip Rally Cools

After topping 72,000 yen for a record high on June 22, the index dropped more than 1,300 points intraday on June 24 into the 68,400 yen range — concentrated selling in semiconductor heavyweights, not a broad-market collapse.

−2,565

points on June 23, about −3.6% — one of the largest point drops on record

−1,300+

points intraday on June 24, into the 68,400 yen range

straight gains before the reversal, led by AI and chip names

June 23 single-day decline by stock

A handful of heavyweights drove most of the index drop.

−15%+

Kioxia
Holdings

−10%

SoftBank
Group

−6%+

Tokyo
Electron

How the selloff spread to Tokyo

U.S. tech weakness

Philadelphia Semiconductor Index (SOX) falls sharply

→

South Korea slumps

KOSPI plunges ~10% on SK Hynix and Samsung memory names

→

Nikkei follows

Selling in chip heavyweights extends June 23–24

The bearish read

Profit-taking against an overheated AI chip advance after an eight-session run-up to record highs.

The calmer read

A shakeout in specific names — as long as HBM demand and data-center investment hold up, the AI rally isn't over. Bargain hunting appeared at lower levels on June 24.

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