The Chonkerton

SoftBank sinks 12% as Asia tech rout tracks declines in the U.S.

business

SoftBank Group's stock plunged twelve percent amid a broad selloff in Asian technology stocks. Investors are increasingly concerned about the rising costs of artificial intelligence infrastructure. According to CNBC, this selloff mirrors recent declines in U.S. technology markets.

Source: https://www.cnbc.com/2026/06/26/global-tech-stocks-ai-inf...

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton