SoftBank Group is trading 7.6% down at $30.25 today amid a sharp pullback in global technology and AI-related stocks.
- The decline aligns with broader investor concerns regarding heavy AI infrastructure spending and rising competition, which are weighing on sentiment across the semiconductor and tech sectors.
- Despite the market pressure, the company is reportedly nearing a $625 million deal to acquire Japanese payments firm SP.LINKS, a move aimed at expanding its OpenAI-related funding footprint.