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SoftBank, Stargate and Ohio

SoftBank Buys Foxconn’s Ohio Plant to Jumpstart Stargate AI Push

SoftBank Group Corp. is the buyer taking ownership of Foxconn Technology Group’s electric vehicle plant in Ohio, a move aimed at kick-starting the Japanese company’s $500 billion Stargate data center project with OpenAI and Oracle Corp.

TechCrunch on MSN · 53m

SoftBank reportedly bought Foxconn’s Ohio factory for the Stargate AI project

Foxconn spent years promising electric vehicles would be built at the former Chevy Cruze factory. Now it will make AI servers.

Cryptopolitan on MSN · 1h

SoftBank reportedly buys Foxconn’s Ohio plant in a $375 million deal

SoftBank has reportedly bought Foxconn Ohio EV plant at $375 million to advance the Stargate AI data center project in collaboration with OpenAI and Oracle.

SoftBank shares surge to record

Reuters on MSN · 14h

SoftBank shares surge to record after optimism for AI prospects boosted Q1 earnings

By Anton Bridge and Junko Fujita TOKYO (Reuters) -Shares in SoftBank Group jumped more than 13% to a record high on Friday morning in a show of investor support for the Japanese technology investor's AI push after first quarter profit beat expectations.

Bloomberg on MSN · 15h

SoftBank Shares Surge to Record on AI-Fueled Profit Recovery

SoftBank Group Corp. shares surged to a record after it swung to a quarterly profit, an affirmation for Masayoshi Son’s bets on artificial intelligence players such as Nvidia Corp.

MarketWatch · 16h

SoftBank Group Shares Surge After Quarterly Profit Beat

SoftBank Group shares rose to a record intraday high after a better-than-expected first-quarter profit, mainly due to a recovery in its tech funds business. Shares were last up 13% at 14,135 yen, a record intraday high,

Nvidia, AI Bets Lift SoftBank

The Financial Times · 1d

SoftBank’s $2.9bn profits buoyed by Nvidia investment

SoftBank made a net profit of $2.9bn in its first quarter boosted by its investment in Nvidia as Masayoshi Son’s technology group ploughs billions into artificial intelligence companies. The Tokyo-based tech conglomerate reported net income of ¥422bn ($2.

Bloomberg on MSN · 1d

SoftBank Swings to Profit on Nvidia Bet Ahead of Big AI Campaign

SoftBank Group Corp. swung to a profit in the June quarter, bolstered by gains in its holdings including Nvidia Corp. and Coupang Inc., in a boost for founder Masayoshi Son’s planned bets on artificial intelligence technologies.

AOL · 23h

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),

1hon MSN

SoftBank, Meta make strides in data center push with purchase of EV plant, financing plans

Tech companies are racing to build powerful data centers across the nation, especially as President Trump calls for increased ...

15hon MSN

SoftBank Group pares earlier gains to rise over 10%, hitting record high on strong earnings

A few of SoftBank's portfolio companies are expected to go public this year. Shares of SoftBank Group ended Friday 10.39% ...

CATL, Novo Nordisk, SoftBank: Global Stocks in Focus

Shares rose for a second day, in a rally sparked by rival Eli Lilly (LLY) reporting less-than-stellar trial results for an ...

6hon MSN

SoftBank buys Foxconn's Ohio plant to advance Stargate AI push, Bloomberg News reports

SoftBank Group Corp is acquiring Foxconn Technology Group's electric vehicle plant in Ohio, in a bid to launch the Japanese ...

CNA4h

Japan's Topix tops 3,000 for first time on tariff clarity; SoftBank soars

Japan's Topix index climbed above the key psychological mark of 3,000 points for the first time on Friday, underpinned by ...

Global Stocks in Focus: SoftBank, Novo Nordisk, CATL

The investment conglomerate reported a higher-than-expected profit, aided by a recovery in its te ...

Outlook Business8h

How Swiggy Helped Lift SoftBank Vision Fund 2’s Financials in Q1 FY26 - Explained

The fund booked $308 Mn in unrealized gains, largely due to Swiggy’s 20%+ share price rally in June and ongoing momentum into ...

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 ...

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