Asian game producers’ stocks fell Monday amid concerns about AI competition, with Konami and Capcom shares dropping 5.1% and 7% respectively.
Asian Stocks Decline
On Monday, stock prices of companies listed in Asia quickly fell amid concerns about artificial intelligence’s impact on the gaming industry.
Game Companies Affected
The share price of Konami, a Japanese producer of games for consoles, computers and mobile devices, decreased by 5.1 percent. Share prices of Capcom, operating in the same sector, fell on the Tokyo market by 7 percent.
Warsaw Stock Exchange Also Impacted
Stocks also declined on the Warsaw Stock Exchange, reflecting broader market concerns about AI competition in the gaming sector.
