---
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%).

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**