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StocksMedium•26 June 2026•

1 min read

SoftBank plunges 11% as Asian tech rout deepens

Key Facts

1SoftBank Group shares plunged 11% in Tokyo, leading a broad selloff in Asian technology stocks.

2Weakness spilled into the Asian semiconductor sector following declines in U.S. markets.

Amid a global technology selloff, SoftBank Group shares led the declines in Asian markets today. The stock plunged 11% in Tokyo, spearheading a broad selloff in Asian technology stocks, according to CNBC. Weakness also spilled into the Asian semiconductor sector following declines in U.S. markets.

The selloff followed a sharp decline in U.S. markets Thursday night, with the Nasdaq falling over 2% (per market data). Asian semiconductor stocks also took a hit, with Tokyo Electron and Advantest down 5-6% (per market data). The rout reflects investor concerns over sustained weak chip demand and rising financing costs.

SoftBank closed at 7,118 yen on June 25, after touching an intraday low of 6,401 yen (per market data). The stock may face further pressure as global tech weakness persists, with investors eyeing upcoming Vision Fund quarterly results and any shift in monetary policy.