SoftBank Group shares soar over 16% as Nvidia earnings signal strong AI momentum

2 weeks ago 19

CANADA - 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)

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Shares of SoftBank Group jumped over 16% Thursday as blockbuster earnings from Nvidia overnight signal strong momentum in the artificial intelligence space.

SoftBank Group is closely tied to the AI boom through its stake in Arm Holdings, whose chip designs are used in AI servers and data centers powered by Nvidia systems.

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