SoftBank Group shares tumbled approximately 14% in Asian trading, leading a broad-based sell-off across regional technology stocks.
The sharp decline in the Japanese conglomerate underscores the accelerating pressure on high-growth tech valuations across the region.
7% as traders continued to exit heavyweight semiconductor names.
The move follows a period of aggressive profit-taking that began on Tuesday, when Asian equity markets staged a sharp reversal from record highs.
The initial pullback was particularly severe in South Korea, where the Kospi index suffered heavy losses as investors rotated out of overextended positions.
By Friday, the selling pressure had broadened, with the MSCI Asia Pacific Index falling 1.7% as traders continued to exit heavyweight semiconductor names.
The current session’s volatility suggests that the fragility in the tech sector remains a dominant theme, with SoftBank’s exposure to global AI and telecom infrastructure making it a focal point for risk-off flows.