The Nikkei 225 index experienced a decline as investors divested their holdings in technology stocks. This selloff was triggered by the poor performance of Nvidia and Dell Technologies in the US market over the weekend.
Nvidia's data centre sales fell short of estimates for a second consecutive quarter. The company also reported no sales of H20 chips to China during the same period. Dell Technologies reported Q2 operating income of $2.28 billion, which was below the consensus estimate of $2.30 billion.
These factors have contributed to a cautious sentiment among investors, leading to a decrease in the Nikkei 225 index.
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