Investors Hit the Brakes: Nikkei Index Plunges Due to AI CAPEX Fears

Investors' financial patience is running out. On July 24, 2026, the key Japanese stock index Nikkei plunged by more than 2%. Reuters analysts directly link this collapse to growing anxiety over the astronomical infrastructural spending of tech giants.

The market is triggering a harsh correction process. Institutional investors are refusing to blindly believe in the "future of AGI," demanding a transparent return on investment (ROI) from corporations. The massive CAPEX on purchasing tensor processors, building energy-intensive data centers (like Meta's Louisiana mega-project), and cooling chips is beginning to eat into Big Tech's quarterly profits. The sell-off on the Tokyo exchange is an indicator that the infrastructural AI bubble has begun to deflate. Vendors and hyperscalers will have to prove that the computing monsters they have built are capable of generating real B2B revenue, not just beautiful presentations.

Source: Reuters