{"id":125939,"date":"2025-11-07T00:54:09","date_gmt":"2025-11-07T00:54:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/125939\/"},"modified":"2025-11-07T00:54:09","modified_gmt":"2025-11-07T00:54:09","slug":"softbank-shares-slide-over-8-amid-renewed-pressure-on-ai-linked-stocks","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/125939\/","title":{"rendered":"SoftBank shares slide over 8% amid renewed pressure on AI-linked stocks"},"content":{"rendered":"

The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025.\u00a0<\/p>\n

Issei Kato | Reuters<\/p>\n

Shares of Japan’s SoftBank Group<\/a> resumed their slide on Friday, following a broader slump in AI-related stocks as investors once again grew wary of the sector’s lofty valuations.<\/p>\n

The group, which holds a wide range of AI investments across infrastructure, semiconductor, and application companies, dropped over 8%.<\/p>\n

This comes after SoftBank’s shares gained nearly 3% in the previous session, having plunged 10% on Wednesday and clocking their worst day since April.<\/p>\n

Other Japanese tech stocks also declined. Semiconductor testing equipment maker\u00a0Advantest<\/a>\u00a0fell over 6%, chipmaker Renesas Electronics fell nearly 4%,\u00a0Tokyo Electron<\/a>, a chip production equipment maker, fell 1.46%.<\/p>\n

South Korean memory chip giant SK Hynix lost 0.51%.<\/p>\n

The declines also come after\u00a0AI-related stocks in the U.S. fell overnight<\/p>\n

Qualcomm<\/a> dropped almost 4%, despite strong quarterly results, after warning it could lose future Apple business. AMD, a strong performer Wednesday, slipped 7%, while Palantir and Oracle were down about 7% and 3%, respectively. Nvidia and Meta Platforms, another of the “Magnificent Seven,” also finished lower.<\/p>\n

This is breaking news. Please check for updates.<\/p>\n","protected":false},"excerpt":{"rendered":"The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025.\u00a0 Issei Kato…\n","protected":false},"author":2,"featured_media":125940,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,60242,218,219,964,122,61,60,582,123,18977,541,80],"class_list":["post-125939","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-arm-holdings-plc","tag-artificial-intelligence","tag-artificialintelligence","tag-breaking-news-markets","tag-business-news","tag-ie","tag-ireland","tag-japan","tag-markets","tag-softbank-group-corp","tag-south-korea","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/125939","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=125939"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/125939\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/125940"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=125939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=125939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=125939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}