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Story summary
- SoftBank Group's stock fell over 10% in Tokyo as chip stocks declined after Nvidia's unexpected drop despite strong earnings.
- SoftBank Group recently sold its Nvidia shares while retaining control of Arm.
- Other major players such as SK Hynix, Samsung Electronics, and Taiwan Semiconductor Manufacturing Company also posted losses.
- Analysts attribute Nvidia's decline to a Bitcoin selloff and AI-bubble concerns.
- Smaller Japanese chipmakers Renesas Electronics and Tokyo Electron also declined.
