AI-Linked Asian Stocks Sold Off Hard on the Pacing Calls, With SoftBank Down 13%
Reuters·high signal
Asian markets put a price on the frontier-lab slowdown talk: SoftBank fell 13%, SK Hynix 5.3%, Samsung 2.8% and the KOSPI 2.5%, with Kioxia also off more than 5%. This is the first measured market reaction to the pacing proposals rather than more commentary on them. The memory and capex names took the damage, not the labs.