SoftBank Group shares fell 8.4%.

U.S. Democratic Senator Luján said he will repeatedly demand that FCC Chairman Brendan Carr appear before Congress to testify and answer related questions.

Sources say Japan-backed chip startup Rapidus is unlikely to meet its commitment to begin large-scale production of advanced chips by March 2028. The firm, which has received billions of dollars in public funding, has not yet produced a functioning SRAM cell — a prerequisite for planned 2nm production — a step that was expected to be completed this summer. Engineers are under heavy pressure to accelerate; missing the milestone suggests the project is several months behind schedule.