SoftBank sinks 12% as Asia tech rout tracks declines in the U.S.

SoftBank Group plunged, leading a broad selloff in Asian technology stocks amid mounting concerns over the rising cost of artificial intelligence infrastructure.

# SoftBank sinks 12% as Asia tech rout tracks declines in the U.S. SoftBank Group plunged, leading a broad selloff in Asian technology stocks amid mounting concerns over the rising cost of artificial intelligence infrastructure.  **Read the full article:** [CNBC](https://www.cnbc.com/2026/06/26/global-tech-stocks-ai-infrastructure-costs-selloff-softbank-apple.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*