Branch² Intelligence

Asian markets slump amid chip sell-off; Nikkei falls over 3%

IN · 2026-07-17

Key takeaway

Asian markets slump as chip stocks sell off on AI valuation concerns; Nikkei falls 3.9%, Kioxia drops 16%.

Step 1Chip stocks sell off on AI valuation concerns; Nikkei falls 3.9%, Kioxia drops 16%.
Step 2Global tech sentiment weakens, leading to risk-off in emerging markets; Indian IT and semiconductor stocks decline.
Step 3Indian SMEs reliant on chip imports face higher input costs and supply delays; tech service SMEs see demand uncertainty.

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