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Topic: arm

An electronic stock board in Tokyo
Markets
Friday, 6/26, 01:30 AM

SoftBank Sinks 11% as the AI-Spending Sell-Off Spreads to Asia

  • SoftBank Group fell more than 11% on Friday, leading a sell-off across Asian technology stocks as the same worry that battered Wall Street — whether the enormous cost of building AI will pay off — tracked westward overnight.
  • The Japanese investor's heavy AI bets make it one of the most exposed names in the world.

In brief

arm — news and stories on this topic

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