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Benzinga
Benzinga
Business
Ananya Gairola

SoftBank Shares Plunge Over 7% In Tokyo After $2 Billion Intel Bet As Asian Tech Stocks Tumble Following Nvidia-Led US Sell-Off

Osaka,,Japan,-,March,26,,2019,:,The,Sign,Of

On Wednesday, SoftBank Group (OTC:SFTBF) (OTC:SFTBY) shares fell sharply in Tokyo as investors reacted to its $2 billion investment in Intel Corp (NASDAQ:INTC), with broader Asian technology stocks sliding in tandem after a U.S. market pullback led by Nvidia Corporation (NASDAQ:NVDA).

SoftBank Shares Slide 7.64% In Tokyo After $2 Billion Intel Stake

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