TOKYO/NEW YORK/PALO ALTO, California -- The semiconductor stocks that have powered the Japanese market's recent rally have taken a hit this week, following a sharp dip in Nvidia shares likely driven by profit-taking from this year's breakneck rise.
Markets
Japan chip stocks slump amid signs of overheating
Tokyo Electron and Advantest dragged down by Nvidia profit-taking
Semiconductors have powered the recent stock market rallies in the U.S. and Japan, thanks to an influx of money fueled by the artificial intelligence boom. (Image obtained by Nikkei)
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