SoftBank sinks 8% as Japanese chip stocks track Wall Street AI sell-off
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SoftBank's stock fell eight percent as Japanese semiconductor stocks tumbled alongside a sell-off in U.S. artificial intelligence chips. According to CNBC, Taiwan Semiconductor Manufacturing's disappointing outlook failed to reassure investors, with the weakness spreading across Asian markets.
Source: https://www.cnbc.com/2026/07/17/softbank-chip-stocks-asia...
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