SoftBank plunges 14% as nearly $32 billion is wiped out in Asia AI sell-off

Core Viewpoint - Shares of Japan's SoftBank Group experienced a significant decline of over 14%, resulting in a loss of approximately $32 billion in market value during a session characterized by a widespread sell-off in Asia's artificial intelligence-linked stocks [1] Company Summary - SoftBank Group's stock drop reflects broader market trends affecting technology and AI-related companies in Asia [1] - The decline in SoftBank's shares indicates investor concerns regarding the valuation and performance of AI-linked stocks [1]