The AI stock frenzy is cooling, and SoftBank is taking it on the chin. Shares in the Tokyo-based global tech investor are ...
Growing unease over frothy artificial intelligence valuations is weighing on shares of SoftBank Group Corp., which traders ...
A sector-wide pullback hit Asian chip stocks Friday, led by a steep decline in SoftBank, after Nvidia’s sharp drop ...
By investing in Nvidia, SoftBank gained exposure to the infrastructure portion of the AI pipeline, including Nvidia's GPUs, networking equipment, and AI chips in data centers. With its huge commitment ...
SoftBank Shares Rebound as Volatile Ride Continues ...
SoftBank Group shares rose, extending gains from the previous session, as market fears about a potential bubble in artificial-intelligence stocks have receded for now. Shares were recently up 3.9% at ...
Given the unprecedented level of demand Nvidia ( NVDA +1.77%) continues to witness from data centers for its graphics processing units (GPUs) and related services, the company is widely regarded as a ...
Bank of America’s Survey in October revealed that 54% of respondents believed AI-related assets were in a bubble territory.
Ampere will now be “an indirect, wholly owned subsidiary” once closed and would support SoftBank’s broader AI strategy.
Softbank shares are down 40%. That is bad news for AI stocks. It is one of the leaders in the industry and its trouble raises questions.
CEO Masayoshi Son has seen a significant drop in his net worth, losing $4.9 billion on Tuesday. This plunge has pushed him ...