Japan's Nikkei slumps 3% as tech stocks tumble on AI worries

TOKYO, Oct 30 (Reuters) - Japan's Nikkei share average dropped as much as 3% on Friday, led by chip-related stocks, as concerns mounted over the sustainability of spending to fund the AI boom.

Oct 30, 2026 - 05:00
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Japan's Nikkei slumps 3% as tech stocks tumble on AI worries
TOKYO, Oct 30 (Reuters) - Japan's Nikkei share average dropped as much as 3% on Friday, led by chip-related stocks, as concerns mounted over the sustainability of spending to fund the AI boom.

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