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SoftBank posts $6.2 billion loss after WeWork files for bankruptcy

SoftBank gets $7.6 billion T-Mobile stake windfall, shares soar

Signage at a SoftBank Corp. store in the Ginza district of Tokyo, Japan, on Wednesday, Nov. 1, 2023. Kiyoshi Ota | Bloomberg | Getty Images Shares in SoftBank Group jumped 5% on Wednesday after the Japanese tech conglomerate said it would receive shares in telco T-Mobile U.S. worth some $7.59 billion at no additional cost. Masayoshi Son’s conglomerate said late on Tuesday...

Analyst explains why he hasn't been bullish on Kokusai Electric — Japan's largest IPO since 2018

Shares of Kokusai Electric up more than 30% in Tokyo debut

In this photo illustration, Kokusai Electric logo is seen on a smartphone screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares of Japanese semiconductor equipment maker Kokusai Electric saw a strong debut on the Tokyo Stock Exchange on Wednesday. The stock hit a high of 2,431...

Arm CEO: China business reflects growth we see in the rest of the world

Arm China ‘doing well,’ CEO says, as Son reduces China exposure

You can watch David Faber’s interview with Arm CEO Rene Haas and SoftBank CEO Masayoshi Son on CNBC Pro. Arm’s China subsidiary is “doing well” with strong potential in data center and automotive applications, despite the geopolitical tumult of the past few years, Arm Holdings CEO Rene Haas said in an interview with CNBC ahead...

Arm opens at $56.10 per share in market debut

(ARM) starts trading on the Nasdaq in win for SoftBank

Arm CEO Rene Haas and executives cheer as Softbank’s Arm, a chip design firm, holds an initial public offering at the Nasdaq MarketSite in New York, Sept. 14, 2023. Brendan Mcdermid | Reuters Arm Holdings, the chip design company controlled by SoftBank, jumped nearly 25% during its first day of trading Thursday after selling shares...

The Arm deal was exactly what sideline money needed to get back in the market, says Jim Cramer

Cramer calls Arm IPO a ‘Goldilocks outcome’

CNBC’s Jim Cramer on Thursday gave his take on Arm Holdings‘ initial public offering, saying the semiconductor designer’s market debut went as well as could be expected. “I think this deal was pretty darn close, really, to a Goldilocks outcome and a good sign of things to come for the IPO market,” he said. “Arm...

Lack of JV control and economic weakness among risks as Arm enters China: Expert

AI play in focus after huge Nvidia rally

In this photo illustration, Nvidia logo is seen displayed on a smartphone screen in front of ARM logo. Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Arm is preparing for a blockbuster initial public offering at a time when investors are very interested in both semiconductors and artificial intelligence. Nvidia’s 200% rally this...

Japan has 'one of the best' macro stories, says investment management firm

Why Japan is lagging behind in generative AI and creation of LLMs

Japan is known for its futuristic technology. But the nation is lagging behind in the generative AI race and is trying to create its own large language models. Mr.cole_photographer | Moment | Getty Images Countries are racing to develop their own generative artificial intelligence algorithms, but high tech Japan is already behind. Generative AI has...