Japan’s Nikkei falls 2% as chip shares track Nvidia declines

Japan’s Nikkei share average dropped 2% in early trade Friday, driven by losses in chip-related stocks following Nvidia’s sharp decline. Advantest plunged over 9%, while Tokyo Electron fell 3.8% and Fujikura slipped 7.56%. Wall Street’s overnight decline, spurred by Nvidia’s disappointing report and signs of a cooling U.S. economy, influenced this slump. Japan’s Nikkei share average dropped 2% in early trade Friday, driven by losses in chip-related stocks following Nvidia’s sharp decline. Advantest plunged over 9%, while Tokyo Electron fell 3.8% and Fujikura slipped 7.56%. Wall Street’s overnight decline, spurred by Nvidia’s disappointing report and signs of a cooling U.S. economy, influenced this slump.  Economic Times