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SoftBank Group shares soar over 16% as Nvidia earnings signal strong AI momentum
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- Shares of Soft Bank Group jumped on Thursday as blockbuster earnings from Nvidia overnight signal strong momentum in the artificial intelligence space.
- It is has also benefited from its investment in OpenAI.
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Shares of Soft Bank Group jumped on Thursday as blockbuster earnings from Nvidia overnight signal strong momentum in the artificial intelligence space.
Soft Bank Group, whose shares surged over 16% after five straight sessions of losses, 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. It is has also benefited from its investment in OpenAI.
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