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SoftBank (9984.JP) Slips ~6% at Close as Selling Pressure on AI Stocks Mounts
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SoftBank (9984.JP) closed today (15th) at JPY16,830, down 5.95% for the day. Widespread selling of US AI-related stocks led to a plunge of over 5% in the Philadelphia Semiconductor Index, heightening market concerns about overheating in the AI and semiconductor sectors. Following Oracle (ORCL.US) and Broadcom (AVGO.US) stock slides after their earnings release, SoftBank, as an AI concept stock, was also subdued, with domestic market AI and semiconductor stocks seeing selling pressure. AASTOCKS Financial News Website: www.aastocks.com |
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