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SoftBank Group led a broad selloff in Asian technology stocks, declining 12% as mounting concerns over the cost of artificial intelligence infrastructure spread across global markets.
The move tracked declines already recorded in the United States, indicating that AI cost anxiety has become a cross-market pressure point rather than a region-specific dislocation.
SoftBank at the Head of Asia's Tech Retreat SoftBank Group's 12% drop placed it at the front of a wider rout across Asian technology equities.
The selloff was broad in nature, with the conglomerate's decline serving as the headline number for a sector-wide move lower.
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