Nikkei slips 0.2% as Topix rises; tech stocks diverge
Japan’s Nikkei 225 fell 0.2% to close at 66,132, while Topix rose 0.15% to 4,117. Mixed tech performance followed Nvidia’s strong sales outlook; Advantest fell 3.1% and Kioxia Holdings gained 5%.
The Nikkei 225 Index fell 0.2% to close at 66,132 while the broader Topix Index rose 0.15% to 4,117 on Thursday, with Japanese shares lacking clear direction amid mixed performances across major technology stocks.
Investors also responded to Nvidia’s strong sales outlook, which offered fresh evidence that spending on AI infrastructure is likely to remain resilient.
Japanese technology companies are deeply involved in the global AI infrastructure buildout, which has been a key driver of the country’s equity rally over the past year.
Notably, Nvidia supplier Advantest dropped 3.1%, underperforming the broader technology sector.
Meanwhile, Kioxia Holdings surged 5% following reports that it is building a new chipmaking plant in northern Japan, expanding production capacity to meet rising AI-related demand for storage.