Japan’s Nikkei fell 2% on Friday, reversing early gains and setting up a weekly loss as traders booked profits in high-flying tech stocks heading into the weekend. The index closed at 61,409.29 after dropping about 1,245 points. Chip-testing leader Advantest slid 7.9%, cutting 544 points, while Tokyo Electron fell 1.8%. Fujikura sank 7.4% following Thursday’s 19% plunge tied to weak data-centre cable forecasts. Topix ended slightly lower and remained supported by energy and automakers.
Japan’s Nikkei ended higher as AI-related shares turned the session around. Tokyo Electron erased early losses to finish 0.14% higher. Advantest swung back after dropping as much as 1.5%, eventually edging 0.26% lower, highlighting how quickly sentiment shifted among AI-linked equities.
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