Business

Tech Stocks Plunge Amid AI Concerns

Updated 2026-06-08 03:30 UTC 1 source Negative

Asian tech stocks, including SoftBank and Broadcom, experienced a significant sell-off as investors grew wary of artificial intelligence-related investments. The market downturn reflects broader concerns about the sustainability of tech companies in the current economic climate.

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CNBC

Asia tech stocks extend sell-off with SoftBank down over 7% as investors sour on AI-linked names

Asian tech stocks tracked overnight losses in U.S. tech names led by a sell-off in Broadcom.

2026-06-08 03:24 UTC