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Ohio, Foxconn and SoftBank

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 · 5h

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.

Reuters on MSN · 6h

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 company's Stargate data center project, Bloomberg News reported on Friday.

Nvidia, AI Bets Lift SoftBank

AOL · 21h

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),

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.

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 ...

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 ...

Kyodo News on MSN7h

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 ...

15hon MSN

SoftBank Group shares surge 13% to a record high after quarterly profit beat estimates

The Japanese investment firm gained for a fourth straight session, and closed at a record high on Thursday, before its ...

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 ...

23h

Apollo Boosts SoftBank Loan to a Record-Breaking $5.4 Billion

Apollo Global Management Inc. is increasing a landmark loan it made to SoftBank Group to $5.4 billion, a new record for a ...

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