In addition, Advanced Micro Devices (AMD), Marvell Technology (MRVL), KLA Corp (KLAC), Broadcom (AVGO), Lam Research (LRCX), and NXP Semiconductors (NXPI) are down more than -2%. A jump in T-note yields today is undercutting the yen along with weak Japanese economic news after the Aug tertiary industry index unexpectedly fell. The yen initially moved higher in overnight trade on a Bloomberg report that said the BOJ will likely discuss raising its inflation projection for fiscal 2023 and 2024 at its policy meeting later this month.