SoftBank plunges 13%, SK Hynix slides 10% as Asia tech rout tracks declines in the U.S.

Asian technology stocks are declining as investors reassess the rising cost of artificial intelligence infrastructure. SoftBank Group plunged thirteen percent, while SK Hynix—a major memory chip maker—fell ten percent. The concern driving the selloff is clear: the massive capital investments required to build and operate AI systems are straining company finances more than previously expected.

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