Softbank (SOBKY) Soar - $5.4 Billion Acquisition of ABB’s Robotic Division

$Softbank Corp.(SOBKY)$

SoftBank Shares Surge on $5.4 Billion Robotics Deal with ABB

SoftBank shares soared 13% Thursday after the company announced its $5.4 billion acquisition of ABB’s robotics division, underscoring CEO Masayoshi Son’s push into “Physical AI” — the fusion of artificial intelligence and robotics.

The purchase marks another strategic step in SoftBank’s bid to dominate the global AI ecosystem, complementing its holdings in Arm and OpenAI. The news helped lift Japan’s Nikkei 225 by 1.1%, while tech optimism extended globally, with the Nasdaq closing above 23,000 for the first time.

In contrast, Hong Kong’s Hang Seng Index slipped nearly 1%, weighed down by declines in HSBC despite Hang Seng Bank’s 30% surge.

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