Asian technology stocks extend sell-off with SoftBank down 10% as AI plays take a hit
tech
Asian technology stocks extended their downward slide, with semiconductor and artificial intelligence plays taking the heaviest losses. Per CNBC, SoftBank fell ten percent as the region followed weakness from U.S. markets. Chinese internet stocks including Tencent, Meituan, Baidu, and Kuaishou bucked the regional trend and rose instead.
Source: https://www.cnbc.com/2026/07/29/chip-selloff-sk-hynix-sam...
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