MARKETS & FX
Nikkei Plunges 1,800 Points Intraday Then Claws Back as Chip Stocks Find Buyers
# Nikkei 225# semiconductor stocks# market volatility# dip buying
Key Points
- Tokyo stocks tumbled June 11 on renewed Iran concerns, with the Nikkei down over 1,800 intraday
- Semiconductor names led the rebound as dip-buyers stepped in
- The session closed with losses sharply narrowed, signaling event-driven rather than structural selling
Analysis
Caught between New York's plunge and Middle East risk, Tokyo printed a long lower wick on June 11: the Nikkei fell more than 1,800 points intraday before dip-buying in semiconductors clawed back most of the loss. The pattern suggests panic was concentrated in opening stop-losses rather than sustained outflows, and that investors still treat the AI-semiconductor cycle as the medium-term axis, with geopolitics as timing noise. By the template of August 2024 — when the record crash was mostly recovered within a week — this remains event-driven volatility. The caveat: high volatility itself is risk, and leveraged positions can be forced out in 3%-swing sessions. Check your leverage before guessing the bottom.