--- title: "Japanese Shares Drop in Tech Selloff" type: "News" locale: "en" url: "https://longbridge.com/en/news/292830616.md" description: "Japanese shares dropped, with the Nikkei 225 falling 2.6% and Topix declining 0.8%, driven by a tech selloff amid AI trade concerns and geopolitical tensions in the Middle East boosting oil prices. Despite US producer prices unexpectedly falling, reducing near-term Fed rate hike expectations, major tech firms like Kioxia, Tokyo Electron, and SoftBank saw significant losses." datetime: "2026-07-16T00:35:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292830616.md) - [en](https://longbridge.com/en/news/292830616.md) - [zh-HK](https://longbridge.com/zh-HK/news/292830616.md) generator: "portal-rs" --- # Japanese Shares Drop in Tech Selloff The Nikkei 225 Index fell 2.6% to below 67,000, while the broader Topix Index declined 0.8% to 4,055 on Thursday, snapping a two-day winning streak as semiconductor shares came under renewed selling pressure amid persistent concerns over the sustainability of the artificial intelligence trade. Investors also remained focused on escalating attacks in the Middle East, which have driven oil prices sharply higher this week and revived worries about inflation and the outlook for interest rates. Meanwhile, data showed US producer prices unexpectedly declined in June, lowering expectations of a near-term Federal Reserve rate hike. Among the biggest decliners were Japanese technology heavyweights, including Kioxia Holdings (-8.7%), Tokyo Electron (-5.2%), SoftBank Group (-5.9%), Advantest (-5.1%), and Fujikura (-5%). ### Related Stocks - [8035.JP](https://longbridge.com/en/quote/8035.JP.md) - [9984.JP](https://longbridge.com/en/quote/9984.JP.md) - [YCS.US](https://longbridge.com/en/quote/YCS.US.md) - [SFTBY.US](https://longbridge.com/en/quote/SFTBY.US.md) - [6857.JP](https://longbridge.com/en/quote/6857.JP.md) - [5803.JP](https://longbridge.com/en/quote/5803.JP.md) - [TOELY.US](https://longbridge.com/en/quote/TOELY.US.md) ## Related News & Research - [Tokyo Electron (TOELF): New Buy Recommendation for This Technology Giant](https://longbridge.com/en/news/299008096.md) - [Dutch chip-security firm Fortaegis raises $50M Series A led by Singapore-based Serendipity Capital](https://longbridge.com/en/news/299031731.md) - [SoftBank Reportedly Secures Oversubscribed USD11.87B Loan to Support OpenAI Investment](https://longbridge.com/en/news/298862044.md) - [Tokyo Electron issues Information Security Report 2026](https://longbridge.com/en/news/298250041.md) - [As the oil surge continues, trader Mike Khouw sees more upside in this surging name](https://longbridge.com/en/news/298949728.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**