Nikkei falls 5.9% in early trade as chip-related stocks slide
Japan’s Nikkei Stock Average fell 5.9% to 57,497.16 in early trading, with chip-related stocks leading declines following an overnight selloff in U.S. technology shares. Kioxia Holdings dropped 10%, while Advantest and SoftBank Group each fell 12%, according to The Wall Street Journal’s market update.