SoftBank swings to $7 billion net loss in second quarter as tech selloff weighs on results
SoftBank reported a fiscal second-quarter net loss of 1.12 trillion yen, driven by losses tied to U.S. AI data center equipment procurement and Intel share declines. The investment giant recorded significant advance investments to secure power generation equipment for its U.S. AI data center projects amid potential energy supply constraints. Meanwhile, the Vision Fund segment swung to a loss, though SoftBank's cumulative investment in OpenAI showed substantial fair value gains. Open article →
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- BREAKING: SoftBank just reported a ~1.2 TRILLION JPY ( ~$7.6bn) loss for its first half of 2026 (...
- SoftBank swings to $7 billion net loss in second quarter as tech selloff weighs on results https:...
- SoftBank posts $7B Q2 net loss as tech selloff hits results