SoftBank sinks 11% as Asia tech rout tracks declines in the U.S.

AI Summary

SoftBank Group experienced an 11% drop in its stock value amid a broad selloff in Asian technology stocks. This decline reflects growing concerns about the rising costs of artificial intelligence infrastructure, tracking similar declines in the U.S. tech sector.

SoftBank Group plunged, leading a broad selloff in Asian technology stocks amid mounting concerns over the rising cost of artificial intelligence infrastructure.