Tokyo Electron Shares Slide as AI-Linked Selling and Pre-Earnings Risk Hit Market
Tokyo Electron plunged 11.0% to ¥55,920 amid a broad selloff in AI- and chip-related equities, with the stock reaching a session low of ¥55,400 after opening at ¥56,530. The decline reflected a sector-wide risk reduction ahead of major U.S. tech earnings and the added uncertainty of Tokyo Electron's quarterly report due July 30, 2026.