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Asia Tech Stocks Tumble Amid AI Rally Cool-Down

Asian tech stocks, including SoftBank, Samsung, and SK Hynix, experienced a significant tumble, with SoftBank sinking 10%, as the artificial intelligence rally showed signs of deflating. This decline tracked losses seen on Wall Street, indicating a broader market correction.

10 Jun, 06:18 — 10 Jun, 06:18
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cnbcMostly Factual12h ago

SoftBank sinks 10% as Asia tech stocks tumble, tracking Wall Street losses

Asian semiconductor and technology stocks fell on Wednesday, tracking overnight losses on Wall Street.

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Coverage Timeline

First report: cnbc · 10 Jun, 06:18Full coverage: 2 · 1hWindow: 1h
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cnbc10 Jun, 06:18First to report

SoftBank sinks 10% as Asia tech stocks tumble, tracking Wall Street losses

1h later
naftemporiki10 Jun, 07:38Latest update

Χρηματιστήρια: Ξεφουσκώνει το ράλι της Τεχνητής Νοημοσύνης; Σφυροκόπημα σε SoftBank, Samsung και SK Hynix

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