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SoftBank fell more than 9% on a day when a rout in U.S. semiconductor shares crossed the Pacific and pulled Japanese AI-linked stocks sharply lower.
Taiwan Semiconductor Manufacturing had been expected to steady nerves with its latest outlook. The contagion path The sell-off began in American semiconductor markets and spread across Asia.
Japan, carrying significant exposure to the AI trade, saw sharp losses. SoftBank's move of more than 9% made it the headline casualty. What's changed is the direction of the signal.
Asia was tracking Wall Street, not the other way around.
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