SoftBank share price crashed 10% on Wednesday after the Japanese tech investor said it had sold its entire stake in U.S. chip giant Nvidia for $5.83 billion.
The latest Nvidia sell-offs may read as doubt, but they reveal a deeper truth about AI’s evolution: Even the sellers are ...
The Japanese company has promised at least $41 billion to AI projects. This includes a proposed $22.5 billion follow-on ...
AI bellwether Nvidia is slated to report its quarterly results next Wednesday in what could be a make-or-break moment for the AI-driven bull market.
SoftBank Group's $5.8 billion sale of its Nvidia stake jolted stock markets on Tuesday, stoking fears that the frenzy around ...
Markets have already effectively priced in the U.S. government's reopening on Monday, with today's House vote to restore ...
The unequivocal high for SoftBank was its $20 million Alibaba investment, made in 2000. It paid off huge, blossoming into a ...
Artificial intelligence company Anthropic announced a $50 billion investment in computing infrastructure on Wednesday that will include new data centers in Texas and New York. Microsoft also on ...
US stocks were mixed on Wednesday, with the Dow posting a fresh record but Big Tech stocks wobbling as chances grew that the ...
Asian stocks cautious as Wall Street wavers amid limited US economic data access, with markets shifting focus to potential ...
Hardware SK hynix claims world's first High NA EUV machine for 'mass production' of cutting edge chips, beating Intel to the punch Hardware We're still waiting for the first 2nm chips but TSMC is ...
Japanese tech giant SoftBank Group has posted a record net profit for the April-to-September period, with one factor being ...