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Ohio, SoftBank and Stargate

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.

Seeking Alpha on MSN · 4h

SoftBank acquires Foxconn’s Ohio EV facility to potentially boost Stargate project

Earlier this week, Hon Hai Precision Industry, the flagship unit of Foxconn, said it agreed to sell the EV plant to Crescent Dune LLC for $375M without disclosing the company behind the entity. SoftBank is Foxconn’s counterparty in the transaction, the report noted.

Cryptopolitan on MSN · 27m

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 · 13h

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

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 · 14h

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 · 15h

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 · 22h

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),

14hon 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 ...

1don MSN

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 ...

Anadolu Agency8h

SoftBank Group shares climb 10% after better-than-expected earnings result

Japanese giant SoftBank Group's stock surged more than 10% on Friday after the firm reported higher-than-expected financial ...

Kyodo News on MSN6h

Nikkei index up over 2% as SoftBank Group soars on solid earnings

Tokyo stocks rose sharply Friday morning, with the Nikkei index surging over 2 percent, boosted by a jump in market ...

Global Stocks in Focus: SoftBank, Novo Nordisk, CATL

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

1don MSN

SoftBank Group swings to profit in first quarter on market enthusiasm for tech stocks

Japanese technology investor SoftBank Group on Thursday booked a net profit of $2.87 billion in the first quarter, driven by ...

3don MSN

SoftBank Stakes in Nvidia, TSMC Show Son’s Focus on AI Gear

SoftBank Group Corp. is building up stakes in Nvidia Corp. and Taiwan Semiconductor Manufacturing Co., the latest reflection ...

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