SoftBank shares slide over 8% amid renewed pressure on AI-linked stocks

Core Viewpoint - SoftBank Group's shares have resumed their decline, reflecting investor concerns over high valuations in the AI sector, leading to an over 8% drop in stock price [1]. Group 1: Stock Performance - After a previous session gain of nearly 3%, SoftBank's shares fell over 8% following a 10% plunge on Wednesday, marking the worst day since April [2]. - Other Japanese tech stocks also experienced declines, with Advantest down over 6%, Renesas Electronics down nearly 4%, and Tokyo Electron down 1.46% [2]. Group 2: Market Context - The decline in SoftBank's shares is part of a broader slump in AI-related stocks, as investors are becoming increasingly cautious about the sector's elevated valuations [1].