A post by @FirstSquawk on X.

Japanese Prime Minister Takaichi acknowledged sharp declines in AI and semiconductor stocks, stating it remains uncertain whether the selloff will prove short-lived or persist. The comments mark a rare public recognition by Japan's leader of the equity rout hitting the country's key technology sector. The remarks matter because Japan's chip and AI-related names have been central to the market's rally, and official acknowledgment may heighten scrutiny of the downturn's economic spillover. Investors will watch whether the selling deepens in Tokyo-listed semiconductor shares and whether policymakers signal any response.