SoftBank sinks 11% as Asia tech rout tracks declines in the U.S.

The logo of Japanese company SoftBank Group at the company's headquarters in Tokyo on Nov. 21, 2025. Kazuhiro Nogi | AFP | Getty Images SoftBank Group plunged more than 11% on Friday, leading a broad selloff in Asian technology stocks, amid mounting concerns over the rising cost of artificial intelligence infrastructure. The Japanese conglomerate led losses across the region after the Nasdaq Composite fell for a fourth straight session overnight. The tech-heavy index dropped 0.46% as a 6% plunge in Apple overshadowed Micron 's stronger-than-expected earnings. Stock Chart Icon Stock chart icon The weakness also spilled into Asia's semiconductor sector. South Korea's SK Hynix fell more than 3%, while Samsung Electronics lost nearly 3%. Technology-focused investment holding company SK Square was down around 7%, while LG Electronics and Seoul Semiconductor also traded lower. Japan's Advantest declined over 6%, while Tokyo Electron was similarly down more than 2%. Overnight on Wall Street, Apple led declines after announcing price increases for its MacBook and iPad products, citing higher component costs, including chips. This has fueled concerns that soaring semiconductor prices could eventually squeeze the margins of major technology companies. Microsoft fell 3.5% after raising prices on Xbox consoles, while Alphabet and Meta Platforms also declined.