Shares Japan's SoftBank Group plunged as much as 9.2% Wednesday, as technology stocks in Asia declined, tracking losses in U.S. peers overnight.
The tech-focused investment firm saw shares drop for a second consecutive session, following its announcement of a $2 billion investment in Intel . Intel shares rose 6.97% to close at $25.31 Tuesday stateside.
Other Japanese tech stocks also declined, with semiconductor giant Advantest falling as much as 6.27%. Meanwhile, shares in Renesas Electronics and Tokyo Electron were last seen trading 2.46% and 0.75% lower, respectively. Stock Chart Icon Stock chart icon
SoftBank Group shares
Technology companies in South Korea, Taiwan and Hong Kong, also fell after U.S. tech stocks dropped overnight spurred by decl