Today, on Tuesday, the Nikkei index fell by more than 1 percent as a result of the decline in the stocks of companies related to chip production. This came after American tech giants Google and Microsoft announced a decrease in their earnings, which raised concerns among investors worldwide.
Stocks of Japanese companies such as Tokyo Electron and Advantest Corp declined by more than 2 percent due to this news. The drop in the stock prices of semiconductor companies led to an overall decline in the Japanese stock market.
"Negative news from American companies indicates a decrease in market demand, leading to reduced demand for the stocks of chip-producing companies," said analyst Hiroshi Miyamoto.
The semiconductor sector bears the largest losses, resulting in an overall drop in the Japanese bond market.
