# SoftBank Group shares surge 13% as Asian tech stocks track Wall Street rebound

- URL: https://talkfuse.com/story/softbank-group-shares-surge-13-as-asian-tech-stocks-track-wall-street-rebound/
- Published: 2026-11-10T03:58:46+00:00
- Updated: 2026-11-10T05:36:36+00:00
- Original publisher: CNBC (publisher lean: Centre)
- Original article: https://www.cnbc.com/2026/11/10/ai-softbank-sk-hynix-samsung-wall-street-tech-stocks.html
- Topics: Asia, Business, Markets, World

## Key points

- SoftBank shares surged 13% as Asian tech stocks rebounded.
- Wall Street’s Nasdaq rose 2.74% and S&P 500 gained 2.35%.
- AI investment costs and possible US data-centre curbs remain concerns.

## Summary

SoftBank Group shares rose 13% as Asian technology stocks followed a strong rebound on Wall Street. The gains came after last week’s steep global tech sell-off and suggest some investors are returning to chip and AI-related shares, though uncertainty remains.

SK Hynix gained 5.2%, Samsung Electronics 3.9% and Samsung SDI 6.87%; Taiwan’s TSMC added 0.45%, while China’s ChiNext index rose 1.4%. The Nasdaq climbed 2.74% and the S&P 500 rose 2.35%, its best session since 8 April. Last week’s sell-off reflected concerns that potential US restrictions on data-centre development could weaken AI demand, alongside doubts about the scale of infrastructure spending and how quickly it will generate profits.

---
Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.