SoftBank Plunges, ICICI Down, TSMC Dips
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- A growing sense of unease over big debt funding for AI projects is playing out in SoftBank’s slump since peaking in early June. Shares are down as much as 8%.
- India is getting impacted by high oil as index falls for the fifth straight day. ICICI Bank dip as much as 1%.
- Taiwan continues to see headwinds from the AI transition away from GPUs to CPUs, hurting TSMC as shares fall as much as 2.4%.
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