SoftBank Shares Slide 8% Amid Global AI Stock Sell-Off
SoftBank Group's shares tumbled more than 8% in Tokyo as a broader retreat from artificial intelligence stocks swept global markets. The sell-off reflects growing investor skepticism about inflated valuations in the AI sector, despite its explosive growth this year.
The Japanese conglomerate has positioned itself as a dominant force in AI through its Vision Fund investments, spanning semiconductors, robotics, and data infrastructure. This heavy exposure magnified losses when sentiment shifted abruptly against tech stocks.
Thursday's brief 3% rebound proved short-lived, with Friday's plunge erasing those gains. The decline mirrors weakness across Japan's tech sector, where chip-related stocks like Advantest and Renesas Electronics also faced significant pressure.
