CNBC
Asian technology stocks extend sell-off with SoftBank down 7% as AI plays take a hit
Wednesday, July 29, 2026
Asian technology stocks declined on Wednesday, with semiconductor stocks leading the losses following weakness in U.S. markets. SoftBank's stock price fell 7 percent. The decline extended a pattern of losses in the technology sector across the region.
Original reporting: https://www.cnbc.com/2026/07/29/chip-selloff-sk-hynix-samsung-softbank.html