Nikkei Plunges 3,318 Points as AI Selloff Shakes Tokyo

News On Japan ·
Japan

Tokyo stocks suffered one of their steepest declines on October 15, with the Nikkei 225 plunging 3,318 points, or 4.90%, to close at 64,426, its third-largest point decline on record, as a global selloff in artificial intelligence and semiconductor shares intensified over concerns about rising U.S. interest rates and the financial sustainability of debt-funded AI investment. (News On Japan)

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