Asian markets fell on Friday and US markets were set to open lower, extending a volatile week for global tech stocks.
Japan’s exporter-heavy Nikkei 225 tumbled as much as 5 per cent before closing 4.2 per cent lower, led by a nearly 14 per cent slide in SoftBank shares following a report that OpenAI was considering delaying its initial public offering to next year.
Masayoshi Son’s conglomerate holds a stake of about 13 per cent in the ChatGPT maker through its Vision Fund.
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