Nikkei 225 Drops 2.8% Led by Chip Stocks
nashnova research
The Nikkei 225 fell 2.8% to 63,458.25 in Friday's morning session, dragged down by chip stocks; rising Iran war risk and pre-CPI caution drove a sharp turn toward risk-off.
How deep is the drop, and who got hit hardest?
The Nikkei 225 traded at 63,458.25, down 2.8% in early Friday trade.
Chip-linked names led the selloff: Advantest fell 6.0%, Kioxia Holdings dropped 5.7%, and SoftBank Group slid 4.7%.
This means → semiconductor stocks are absorbing far more selling pressure than the broader index — capital is rotating out of high-valuation tech first.
What triggered the sudden selling?
The immediate catalyst is escalating Iran war risk, which pushed up expected energy costs and fueled risk-off sentiment.
In plain terms = when war headlines hit, oil may spike, costs may rise, and money runs for the exits by reflex.
A second layer of pressure comes from the U.S. CPI print due later in the day — buyers are unwilling to step in ahead of a number that could surprise to the upside on inflation.
What is the yen saying?
The dollar-yen rate stood at 154.38, above Thursday's Tokyo close of 153.53 — the yen weakened further.
This means → safe-haven flows are heading to the dollar, not the yen — a sign that confidence in Japanese assets is falling in tandem.
This reflects a selloff driven not by simple sector rotation but by the combined weight of geopolitical risk and inflation anxiety pressing down across the board.
市场有风险，内容仅供研究参考，不构成投资建议。