Asian shares fell on June 26, led by technology stocks after Apple raised prices for its iPad and MacBook lines and a report said OpenAI was leaning toward postponing its initial public offering until 2027. Apple said the increases were meant to offset higher memory and storage component costs linked to AI data-center demand, while leaving iPhone pricing unchanged. Reuters reported the Neo laptop’s starting price rose by $100 to $699.
Apple shares fell 6.1% in the prior U.S. session, and Nasdaq futures were lower during Asian trading. In Asia, Japan’s Nikkei dropped about 3% to 3.7% from record levels, South Korea’s KOSPI fell about 3.5%, and shares in China and Hong Kong also declined.
Apple suppliers and memory-related stocks were among the weakest performers, with SK Hynix down about 9.4%, Samsung Electronics down about 9.2%, and Kioxia down about 12%. TrendForce said conventional DRAM contract prices rose as much as 98% in the first quarter of 2026 and were expected to increase another 58% to 63% in the current quarter as supply shifted toward AI-related products and customers secured supply through long-term agreements.
Separately, a New York Times report cited by Reuters said OpenAI’s advisers had presented the option of waiting until 2027 for an IPO at around a $1 trillion valuation or pursuing an earlier listing at a lower valuation. OpenAI said it recently submitted a confidential draft S-1 to the SEC and had not decided on timing. SoftBank, which disclosed a $30 billion follow-on investment in OpenAI at a $730 billion pre-money valuation through preferred shares that convert on an IPO, fell more than 12% in Tokyo.