{"slug": "nikkei-briefly-dives-over-4100-points-in-afternoon", "title": "Nikkei briefly dives over 4,100 points in afternoon", "summary": "The Nikkei stock average plunged over 4,100 points on Friday, driven by selling in semiconductor and AI-related stocks after declines in their U.S. counterparts. The index fell below 63,000 for the first time in a month, with market sources citing profit-taking ahead of earnings reports and concerns that the generative AI stock boom may be ending.", "body_md": "The 225-issue Nikkei stock average temporarily plunged over 4,100 points Friday afternoon due to selling of issues related to semiconductors and artificial intelligence following overnight falls in their U.S. counterparts.\n\nAt 1:41 p.m., the index of 225 major issues listed on the Tokyo Stock Exchange’s Prime section stood at 62,704.60, down 4,130.94 points, or 6.18%, from Thursday’s closing. It slipped below 63,000 for the first time in about a month on an intraday basis.\n\nIn the Tokyo market, [memory chipmaker Kioxia Holdings](https://www.japantimes.co.jp/business/2026/07/17/companies/kioxia-market-value-halves/) and other key Nikkei component issues came under selling pressure.\n\n“We can’t help thinking that the boom in generative AI-related stocks is about to end,” an official of a bank-affiliated securities firm said.\n\n“There was selling to lock in profits ahead of upcoming earnings reports in the United States and Japan,” a market source said.", "url": "https://wpnews.pro/news/nikkei-briefly-dives-over-4100-points-in-afternoon", "canonical_source": "https://www.japantimes.co.jp/business/2026/07/17/markets/nikkei-index-drop-july/", "published_at": "2026-07-17 05:22:00+00:00", "updated_at": "2026-07-17 05:25:46.221493+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-chips", "generative-ai"], "entities": ["Nikkei", "Kioxia Holdings", "Tokyo Stock Exchange"], "alternates": {"html": "https://wpnews.pro/news/nikkei-briefly-dives-over-4100-points-in-afternoon", "markdown": "https://wpnews.pro/news/nikkei-briefly-dives-over-4100-points-in-afternoon.md", "text": "https://wpnews.pro/news/nikkei-briefly-dives-over-4100-points-in-afternoon.txt", "jsonld": "https://wpnews.pro/news/nikkei-briefly-dives-over-4100-points-in-afternoon.jsonld"}}