21 Nov 2025 | 3 Mins Read
Asian chip shares plummet as Nvidia drives global tech downturn
Flipitmoney
SoftBank plunged over 10% in Tokyo, leading a sector-wide decline in Asian chip stocks. This drop occurred after Nvidia's sharp decline overnight, despite its stronger-than-expected earnings and bullish outlook. SoftBank offloaded Nvidia shares, but still ties to Nvidia through its stake in Arm, a semiconductor supplier to Nvidia.