SoftBank profit jumps on AI-driven rebound

SoftBank Group reported a 124% surge in quarterly profit, driven by booming AI demand that lifted chip sales and startup valuations. Net income reached ¥517.18 billion ($3.5 billion) in the fiscal fourth quarter, with the Vision Fund swinging back to a profit of ¥26.1 billion.

The results provide momentum for SoftBank’s ambitions to invest heavily in OpenAI and US -based AI infrastructure. Plans include a $30 billion stake in OpenAI and leading a $100 billion push into data centres under the Stargate project, which could eventually grow to $500 billion.

However, investor caution amid tariffs and tech protectionism has delayed detailed financing discussions. Despite these hurdles, SoftBank’s chip unit Arm Holdings has benefited from rising global AI investments, even as near-term forecasts remain mixed.

For the full year, SoftBank earned ¥1.15 trillion, reversing a significant loss from the previous year. The company continues to navigate risks tied to the volatile tech start-up market, especially as Vision Fund portfolio firms go public in India .

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