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SoftBank pitches chip giant TSMC on building $1 trillion AI hub in US: report
The company has reportedly pitched the project to federal and state government officials.
SoftBank Seeks Support for Proposed $1 Trillion Complex to Build Robots and AI
SoftBank is reportedly seeking support from partners and the U.S. government to build a $1 trillion manufacturing complex in Arizona that would focus on robots and artificial intelligence. [contact-form-7] The company's founder, Masayoshi Son, has discussed partnerships with Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics and has sought tax incentives from U.S.
SoftBank Pitches US AI Hub to TSMC
Masayoshi Son, the founder of SoftBank, is seeking to team up with TSMC to realize a trillion-dollar industrial complex in Arizona to build robots and artificial intelligence. SoftBank officials are keen to have TSMC, the Taiwanese maker of Nvidia's advanced AI chips, play a prominent role in the project.
SoftBank outlines $1 trillion AI and robotics pla
SoftBank Group founder Masayoshi Son is considering developing a $1 trillion industrial hub in Arizona focused on robotics and artificial intelligence, according to Bloomberg. The project aims to revive advanced technology manufacturing in the US and create a hub similar to China's Shenzhen.
T-Mobile shares drop on SoftBank sale
T-Mobile US Inc (NASDAQ:TMUS, ETR:TM5) shares fell 4.5% on Tuesday morning after SoftBank Group Corp sold 21.5 million shares in the wireless carrier through a $4.9 billion overnight block trade, trimming its stake from 7.5% to 5.6%. The unregistered sale, priced between $224 and $228 per share, represented a discount of about 3% to Monday's closing price and marks the biggest US equity block sale since Toronto-Dominion Bank's $13.1 billion divestiture of Charles Schwab in 2023.
T-Mobile Stock Falls. SoftBank Just Sold $4.8 Billion in Shares, Report Says.
The Japanese tech group is dumping shares to help pay for its artificial intelligence plans, according to a report.
SoftBank Group Earnings: All-In On AI, But At What Cost?
SoftBank's fiscal year 2024 earnings were positive for the first time in four years. Concerns arise over SoftBank's $40 billion investment in OpenAI, valuing the startup at ~$300 billion, and the high valuation of its ARM investment. SoftBank Vision Funds show poor performance, with combined cumulative losses despite many successful public listings.
SoftBank Group Corp. (SFTBY) Q4 2025 Earnings Call Transcript
SoftBank Group Corp. (OTCPK:SFTBY) Q4 2025 Results Conference Call May 13, 2025 3:30 AM ET Company Participants Yoshimitsu Goto - Board Director & Chief Financial Officer Navneet Govil - Chief Financial Officer-SB Investment Advisers & SB Global Advisers Jason Child - Executive Vice President & Chief Financial Officer Conference Call Participants Daisaku Masuno - Nomura Securities Unidentified Company Representative Thank you very much for waiting, everyone. Now we would like to start the SoftBank Group Corp. earnings results announcement for the fiscal year ended March 31, 2025.
SoftBank turned a corner. All eyes are now on its big AI bets.
Masayoshi Son is making a huge bet on AI. He'll feel confident doing so after his company, SoftBank, reported its first profit in four years.
OpenAI restructure plan gets SoftBank blessing as AI startup reportedly renegotiates Microsoft terms
SoftBank's finance chief Yoshimitsu Goto said during an earnings press conference on Tuesday that "nothing has really changed" with OpenAI and its restructure plan.
SoftBank shares rise after better-than-expected Q1 investment performance
SoftBank Group shares rose as much as 3.7% in Tokyo on Tuesday after the tech investment giant reported a net profit of $3.49 billion for the three months to March, significantly outperforming analyst expectations of a loss of around $180 million. The stronger-than-expected result was driven by investment gains in tech and telecom holdings.
SoftBank Group Posts First Annual Profit in Four Years as It Ramps Up AI Investments
The Japanese company has been making bigger investments as tech stocks have risen thanks to enthusiasm over artificial intelligence.
