Global Markets | Japan's Nikkei weighed down by AI stocks ahead of Nvidia earnings

The Nikkei share average in Japan experienced a downturn as stocks related to artificial intelligence faced mounting pressure due to inflation concerns and geopolitical uncertainties in the Middle East. While chip-making firms such as Tokyo Electron reported gains, other AI companies struggled. Anticipation builds around potential interest rate hikes from the Bank of Japan, with Nvidia's forthcoming earnings report seen as pivotal for the tech sector.