Asian technology stocks extend sell-off with SoftBank down 7% as AI plays take a hit
Asian technology stocks extended their sell-off, led by semiconductor declines following weak U.S. sessions. SK Hynix dropped over 10%, while SoftBank fell more than 7%. Despite the pullback, Aberdeen Investments views the volatility as an opportunity to add exposure to high-quality businesses at attractive valuations, maintaining a long-term positive outlook.
Asian technology stocks extended their selloff on Wednesday, with semiconductor names leading declines after another weak session in the U.S.