SoftBank sinks 11% as Asia tech rout tracks declines in the U.S.
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Source: CNBC
Published: 2026-06-26 10:54 UTC+10:00
Section: General
Factuality Score: 92
Opinion Category: Neutral
Topics: Transport, Technology & AI, World News, Asia Pacific, Technology
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Snippet:
SoftBank Group plunged more than 11% on Friday, leading a broad selloff in Asian technology stocks, amid mounting concerns over the rising cost of artificial intelligence infrastructure.
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