SoftBank Group posts lower drop of 18% in Q1 profit, gain on Intel stake
2 sources·Updated August 6, 2026
Covered by 2 sources
- Business Standard·7h agoSoftBank Group posts lower drop of 18% in Q1 profit, gain on Intel stake
SoftBank's Q1 profit beat estimates, driven by gains on Intel and ByteDance investments, as investors tracked its growing AI bets and OpenAI exposure
Read at Business Standard → - ET Markets·16h agoGlobal Market: SoftBank's AI strategy stays on course despite flat OpenAI valuation in Q1
SoftBank reported an 18% decline in first-quarter net profit, though earnings exceeded expectations as strong gains from Intel and ByteDance investments offset weaker contributions from OpenAI. The company remains focused on expanding its AI portfolio, with major investments,…
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