TOKYO, July 7 (Xinhua) -- Tokyo stocks closed lower on Tuesday, dragged down by a broad selloff in heavyweight semiconductor-related shares.
The benchmark 225-issue Nikkei Stock Average fell 1,480.73 points, or 2.12 percent, from Monday to 68,256.96.
The broader Topix index, meanwhile, finished 39.70 points, or 0.97 percent, lower at 4,062.26, breaking a six-session winning streak after hitting an intraday record high in the morning.
On the top-tier Prime Market, nonferrous metal, metal product, and machinery issues were notable decliners.
Heavyweight chip-linked stocks bore the brunt of the selling. Analysts noted that while chipmakers continue to benefit from tight supply and firmer chip prices, doubts are mounting over whether companies pouring massive sums into artificial intelligence infrastructure can sustain such costly spending over the long haul. The market may struggle to rebound until hyperscalers release their earnings reports. ■