Tech stocks bring down Nikkei average by 4%; South Korea's KOSPI falls 6%

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

SoftBank shares dropped 12% on OpenAI IPO delay fears. With over $60B invested and a negative S&P credit outlook, the stakes couldn't be higher.

Tech stocks decline broadly, dragging Nikkei average down by nearly 4%

Japan's Nikkei index experienced a significant drop of 4% on Friday, largely due to a sharp decline in tech investor SoftBank Group, which plunged over 12% following reports of a…

Tech stocks bring down Nikkei average by 4%; South Korea's KOSPI falls 6%