News | Latest Breaking News Stories & Headlines

Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled US chipmaker

US investment in Intel aimed at helping company stabilise

US Treasury Secretary Scott Bessent said today that any US investment in Intel would be aimed at helping the troubled chipmaker stabilise.

Business • 19 Aug

Arm Holdings has disclosed the paperwork for an initial public offering that is expected to be the largest of the year

Chip designer Arm reveals filing for blockbuster US IPO

SoftBank Group's Arm Holdings has reported a 1% fall in annual revenue due to a slowdown in smartphone sales, after the chip designer disclosed the paperwork for an initial public offering (IPO) that is expected to be the largest of the year.

Business • 22 Aug 23

Workspace provider WeWork contributed to the loss at Softbank in the fourth quarter

SoftBank posts loss as Vision Fund in the red again

SoftBank Group has today booked a net loss for October-December, as its giant Vision Fund investment unit remained in the red for a fourth quarter in a row while a global tech sell-off battered valuations of its portfolio companies.

Business • 07 Feb 23

Despite its 25% stake in Alibaba being worth about $82 billion, SoftBank is valued at just $84 billion

No stake sale plans linked to Alibaba filing - Softbank

Japan's SoftBank Group said today there was no link between Alibaba registering a US share facility and any specific plans to sell down its stake in the Chinese e-commerce giant.

Business • 09 Feb 22

The valuation of the group's largest asset, Chinese e-commerce firm Alibaba, fell by around a third

SoftBank dragged into red by falling valuations

SoftBank Group has reported a 397 billion yen ($3.5 billion) net loss for the third quarter, dragged down by a $10 billion investment loss at its Vision Fund unit as tech valuations fell.

Business • 08 Nov 21

The Nvidia deal for Arm is set to reshape the global semiconductor sector

Nvidia to buy chip designer Arm for $40 billion

Nvidia will buy UK-based chip designer Arm from Japan's SoftBank Group for as much as $40 billion, the companies said today, in a deal set to reshape the global semiconductor sector.

Business • 14 Sep 20