Japan tech shares drag Nikkei to 3-week low as Advantest dives 9%
Published on: Sept. 1, 2025, 9:55 a.m. | Source: The Economic Times
Japan's Nikkei share average experienced a significant slump, hitting a three-week low due to a sell-off in chip-sector stocks, mirroring Friday's technology-led downturn on Wall Street. Advantest and SoftBank Group were major contributors to the decline. The downturn is attributed to portfolio rebalancing and disappointing expectations from Nvidia, which also faces competition from Alibaba's new chip.
