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AI Elite Lose $18 Billion as Chip Stock Rout Spreads to Asia

Source: Bloomberg

Technology & InnovationInvestor Sentiment & PositioningEmerging Markets

A global technology selloff on Friday erased billions from the fortunes of SoftBank Group founder Masayoshi Son and other tycoons across Asia, as losses rippled through their companies. The article gives no specific loss amounts or company-level market moves.

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