SoftBank Stock Ends Cold Snap -- WSJ

Dow Jones04-22

By Eliot Brown

It's been a good few weeks for SoftBank.

Shares in the global tech investor are up 58% over the past month, including an 8.5% jump in Tokyo trading today.

The surge signals renewed optimism for the company's AI ambitions, and perhaps its plans in the chip manufacturing space.

SoftBank, a conglomerate that is one of the world's largest investors in startups, has become something of a proxy for investor interest in OpenAI. That's because it has invested more than anyone else in the company, committing to put over $64 billion into OpenAI-including a $30 billion slug announced in February.

On Tuesday, Softbank elevated Rene Haas-CEO of chip company Arm, a SoftBank subsidiary-giving him a remit "focused on semiconductors and artificial intelligence."

Previously, investor concerns over SoftBank's reliance on OpenAI-as well as its rising tab of debt-contributed to a rough patch for the company after October highs, when shares plunged and ratings company S&P assigned it a negative outlook on concerns about its growing debt load.

Since then, SoftBank has forged ahead in new areas, pledging to expand Arm's business in the chip sector and winning a leading role in developing a giant new gas power plant in Ohio.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

April 22, 2026 06:52 ET (10:52 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment