SoftBank Falls Nearly 11% as AI Slowdown Fears Hit Global Tech

SoftBank Falls Nearly 11% as AI Slowdown Fears Hit Global Tech

AI-linked stocks sold off in Asia and the U.S. after top AI CEOs called for a development slowdown. In Japan, SoftBank, an OpenAI investor, closed nearly 11% lower; South Korea's Kospi sank 3.3%, CNN reported Sept. 14. U.S. tech wilted Monday on potential AI controls, the Washington Post reported. I see payback risk if deployment slows while capex stays high.

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