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Shares of Asian AI-linked companies fall, tracking declines in US peers, as investors worry about stretched valuations; SoftBank falls 9%+, Advantest 7%+ (Lee Ying Shan/CNBC)

Lee Ying Shan / CNBC : Shares of Asian AI-linked companies fall, tracking declines in US peers, as investors worry about stretched valuat...

6 January 2025

Sources: India plans $2.7B in fresh subsidies and import tariff cuts to boost local manufacturing, especially of smartphones made by companies like Apple (Bloomberg)

Bloomberg:
Sources: India plans $2.7B in fresh subsidies and import tariff cuts to boost local manufacturing, especially of smartphones made by companies like Apple  —  - Proposed incentives will help smartphone makers like Apple  — Final decision to be made by cabinet; details likely in budget

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