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SoftBank Group fell 12% and SK Hynix dropped 8%, leading a broad selloff in Asian technology stocks as mounting concerns over the rising cost of artificial intelligence infrastructure tracked declines already recorded in U.S.
Two Names, One Thesis The scale of the individual moves signals where investor anxiety is concentrated.
SoftBank Group, whose portfolio is among the most visible expressions of the global AI investment thesis, bore the worst of the session with a 12% decline.
SK Hynix, the South Korean memory-chip manufacturer whose products sit at the foundation of AI compute stacks, lost 8%.
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