Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

UNBELIEVABLE: 2 - The Untold Story

Nvidia Termed 'Undervalued' By Masayoshi Son Last Year, Now Worth $5 Trillion: Here Is What Japanese Billionaire Investor Said About Ongoing AI Hype

As Nvidia Corp. (NASDAQ:NVDA) races past a record-breaking $5 trillion valuation, a remark from SoftBank Group (OTC:SFTBF) (OTC:SFTBY) CEO Masayoshi Son last year that the chipmaker was "undervalued" looks remarkably prescient.

Benzinga

Stock Index Futures Gain on Nvidia Boost Ahead of Fed Rate Decision and Big Tech Earnings

December S&P 500 E-Mini futures (ESZ25) are up +0.19%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +0.35% this morning, buoyed by ongoing tech and AI momentum, while investors await the Federal Reserve’s interest rate decision and U.S. megacap tech earnings.

Barchart

Lip-Bu Tan Was Really 'Upset' About The Balance Sheet: Intel CFO Reveals Plan For Liquidity From Trump, Nvidia Investments

On Thursday, Intel Corp (NASDAQ:INTC) executives detailed how the company plans to deploy its improved cash position and liquidity following major investments from the Donald Trump administration, Nvidia Corp (NASDAQ:NVDA), SoftBank Group (OTC:SFTBF) (OTC:SFTBY) and others.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Credit Suisse loses 440 million US dollar claim against SoftBank Group

In early 2021, Credit Suisse found itself exposed to the collapse of Greensill Capital.

Evening Standard

Tokyo-Listed SoftBank Shares Climb 13% After ABB Robotics Deal Boosts Outlook

Tokyo-listed shares of SoftBank Group (OTC:SFTBY) (OTC:SFTBF) jumped as much as 13% after the Japanese giant agreed to acquire Swiss engineering firm ABB‘s (OTC:ABBNY) Robotics unit in a deal valued at $5.4 billion.

Benzinga

Softbank Buys ABB Robotics In $5.4 Billion Deal To Boost AI Play

SoftBank Group (OTC:SFTBY) (OTC:SFTBF) said on Wednesday it will buy the robotics division of Swiss engineering firm ABB (OTC:ABBNY) in a $5.4 billion deal, as the Japanese firm looks to boost its artificial intelligence portfolio.

Benzinga

Nvidia CEO Jensen Huang Once Offered To Cry With Masayoshi Son Over A Missed Fortune, But That's Not Their Only Regret

Nvidia Corporation's (NASDAQ: NVDA) CEO Jensen Huang once teased his friend SoftBank Group (OTC: SFTBF) (OTC: SFTBY) founder Masayoshi Son at an AI summit, recalling a moment about which the duo wanted to "cry together."

Benzinga

Read news from The Economist, FT, and more,
with one subscription

OpenAI, Oracle, SoftBank Unveil $500 Billion Stargate Plan With 5 New US AI Data Centers As Nvidia Commits $100 Billion To Support ChatGPT-Parent

OpenAI, Oracle Corp (NYSE:ORCL) and SoftBank Group (OTC:SFTBF) (OTC:SFTBY) on Tuesday announced plans to build five new U.S. data centers as part of the $500 billion Stargate project, a massive private-sector effort to power the next wave of artificial intelligence.

Benzinga

SoftBank Rockets 10% On Tokyo Exchange As Oracle's $455 Billion AI Stargate Deals Spark Investor Frenzy

SoftBank Group Corp. (OTC:SFTBY) (OTC:SFTBF) shares jumped 9.98% to 17,905 JPY ($121.14) on Thursday’s Tokyo trading session, building on massive year-to-date gains of 93.90% as investors bet on the company’s role in Oracle Corp.‘s (NASDAQ:ORCL) record-breaking artificial intelligence infrastructure deals.

Benzinga

Intel Stock Plunges Nearly 7% As It Seeks Billions More Post-SoftBank Deal While Trump Administration Considers Stake

Intel Corporation (NASDAQ:INTC) shares tumbled on Wednesday as the struggling chipmaker reportedly searches for more investors after a $2 billion capital injection from SoftBank Group (OTC:SFTBF) (OTC:SFTBY), while the Donald Trump administration considers taking a direct stake in the company.

Benzinga

2 Powerful Forces Now Back Intel's Turnaround

Intel's turnaround is now backed by a strategic SoftBank investment and potential U.S. government stake, making it a key national technology asset.

MarketBeat

S&P Futures Tick Lower Ahead of FOMC Meeting Minutes and More Retail Earnings

September S&P 500 E-Mini futures (ESU25) are trending down -0.13% this morning, continuing to drop after a tech-led selloff in the prior session, while investors await the Federal Reserve’s July meeting minutes, comments from Fed officials, and earnings reports from more retail heavyweights.

Barchart

SoftBank Shares Plunge Over 7% In Tokyo After $2 Billion Intel Bet As Asian Tech Stocks Tumble Following Nvidia-Led US Sell-Off

On Wednesday, SoftBank Group (OTC:SFTBF) (OTC:SFTBY) shares fell sharply in Tokyo as investors reacted to its $2 billion investment in Intel Corp (NASDAQ:INTC), with broader Asian technology stocks sliding in tandem after a U.S. market pullback led by Nvidia Corporation (NASDAQ:NVDA).

Benzinga

Stock Index Futures Muted as Focus Turns to Retail Earnings, U.S. Housing Data Awaited

September S&P 500 E-Mini futures (ESU25) are down -0.09%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.08% this morning as earnings from the nation’s retail heavyweights kicked off, shifting the focus to the strength of the American consumer.

Barchart

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

Japan's SoftBank to take $2 billion stake in computer chip maker Intel

Japanese technology giant SoftBank Group says it plans to take a $2 billion stake in computer chip maker Intel as it deepens its involvement in U.S. semiconductor manufacturing in the United States

Benzinga

Intel Stock Jumps Over 5% After Hours As SoftBank Buys $2 Billion Stake, Trump Administration Weighs Investment

Intel Corporation (NASDAQ:INTC) surged in after-hours trading after SoftBank Group (OTC:SFTBF) (OTC:SFTBY) agreed to inject $2 billion into the chipmaker amid reports that the Donald Trump administration is weighing a 10% stake in the company.

Tom’s Hardware

SoftBank to buy $2 billion in Intel shares at $23 each — firm still owns majority share of Arm

SoftBank will invest $2 billion in Intel at $23 per share, a move seen as both a vote of confidence in Intel’s U.S. chipmaking comeback and a strategic bet on an undervalued semiconductor maker.

Benzinga

OpenAI Employees Eye $6 Billion Share Sale To SoftBank As ChatGPT Maker's Valuation Nears $500 Billion: Report

Employees of AI firm OpenAI are reportedly mulling over the sale of nearly $6 billion worth of shares to investors, including SoftBank Group (OTC:SFTBY) and Thrive Capital.

Get all your
news in one place.

100's of premium titles.
One news app.

Benzinga

Nvidia, AI Bets Lift SoftBank To Profit After Brutal Year-Ago Loss

Japanese investment holding company SoftBank Group (OTC:SFTBF) (OTC:SFTBY) reported first-quarter results on Thursday. The company reported quarterly net sales of 1.82 trillion Japanese yen ($12.54 billion), up from 1.70 trillion yen ($11.71 billion) a year ago.

The Independent UK

Japan tech giant SoftBank Group sees better fortunes on surging AI stocks

Japanese technology conglomerate SoftBank Group has reported a $2.9 billion profit for the April-June quarter, rebounding from a loss a year earlier, as its investments benefited from the craze for artificial intelligence

Benzinga

Elon Musk Doubles Down On OpenAI-Softbank Stargate Doubts—Says 'They Simply Don't' Have Money For The $500 Billion AI Infrastructure Push

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has renewed his skepticism over the ambitious Stargate project—a $500 billion AI infrastructure venture between OpenAI and SoftBank Group (OTC:SFTBF) (OTC:SFTBY)—saying the plan lacks actual financial backing.

Benzinga

SoftBank's Masayoshi Son Sets Sights On Artificial Super Intelligence Domination With Bets On OpenAI And Ampere: 'I'm All In'

On Friday, SoftBank Group (OTC:SFTBF) (OTC:SFTBY) CEO Masayoshi Son said that he plans to position the company as the leading platform provider in the artificial super intelligence (ASI) sector within the next decade, aiming to rival major tech firms like Microsoft Corp. (NASDAQ:MSFT), Amazon.com, Inc. (NASDAQ:AMZN) and Alphabet Inc.'s (NASDAQ:GOOG)…

The Independent UK

Japanese tech giant SoftBank records its first profit in 4 years

Japanese technology company SoftBank Group has posted its first profit in four years, as it raked in gains from its investment portfolios

International Business Times

Japan's SoftBank Posts $7.8 Bn Annual Net Profit

Japanese tech investor SoftBank Group, a major player in the US Stargate artificial intelligence drive, on Tuesday posted a bumper full-year net profit of $7.8 billion.

Tom’s Hardware

SoftBank to acquire Arm CPUs for datacenter firm Ampere in $6.5 billion cash deal

SoftBank buys Ampere for $6.5 billion in cash, may use them in Stargate datacenters.

1 2 3 4

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Bitcoin

8,273 stories

Artificial Intelligence

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.