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SoftBank Posts $7 Billion Loss as AI Trade Falters
SoftBank Group reported a $7 billion first-half loss and saw shares plunge 10% as founder Masayoshi Son's aggressive AI and data-center bets unraveled.
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SoftBank Group reported a $7 billion first-half loss and saw shares plunge 10% as founder Masayoshi Son's aggressive AI and data-center bets unraveled.
OpenAI's launch of the Astra model and GPT-6 has sparked a rally in memory-chip stocks across Tokyo and Seoul, despite broader global market volatility.