Tokyo: Japanese stocks closed lower today, weighed down by declines in chip-related stocks. The Nikkei index lost 1.5%, closing at 42,888.55 points, while the broader TOPIX index fell 0.6%, reaching 3,098.91 points.

According to Saudi Press Agency, the downturn in the stock market was primarily driven by a pullback in technology and semiconductor sectors, which have been experiencing volatility. The decline in chip-related stocks had a significant impact on the overall performance of the Japanese indices, contributing to the day's losses.

Investors have been closely monitoring developments in the semiconductor industry, which plays a crucial role in Japan's economy. The recent fluctuations in this sector have raised concerns about future growth prospects, influencing investor sentiment and leading to today's decline in stock values.