TOKYO -- Japanese stocks fell sharply on Tuesday, with the benchmark Nikkei Stock Average at one point shedding more than 3% as investors accelerated their profit-taking amid fears of an AI bubble and a slowdown in the U.S. economy.
Equities
Japan's Nikkei average slides 3% as tech sell-off accelerates
Blue-chip gauge falls below 49,000 ahead of Nvidia earnings
Concerns rose over the stretched valuations of tech stocks and a possible bubble in the artificial intelligence sector. (Photo by Nanami Sato)
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