Nikkei Falls 0.4% as Chip Stocks Slipped Ahead of Nvidia Earnings

Japan's Nikkei 225 dropped 0.4% on August 24, 2026, led lower by semiconductor-related shares as traders cut exposure before Nvidia's earnings release. The broader Topix held comparatively firm, showing the selling was concentrated rather than widespread. Nvidia's results have become a de facto clearing price for global chip-demand sentiment, and Tokyo-listed names trade at high beta to that cycle.