Shares of SoftBank Group plunged as much as 9.17% Wednesday, as technology stocks in Asia declined, tracking losses in U.S. peers overnight.
The Japanese tech-focused investment firm saw shares drop for a second consecutive session, following its announcement of a $2 billion investment in Intel. Intel shares rose 6.97% to close at $25.31 Tuesday stateside.
Other Japanese tech stocks also declined, with semiconductor giant Advantest
falling as much as 6.27%. Meanwhile, shares in Renesas Electronics
and Tokyo Electron
