Source: press CNBC•November 10, 2026 at 10:01 AM

SoftBank swings to $7 billion loss after U.S. data center hit and Intel share decline

CANADA - 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) SoftBank reported a fiscal second-quarter net loss of 1.12 trillion yen ($7 billion) on…

SoftBank reported a fiscal second-quarter net loss of 1.12 trillion yen ($7 billion) on Tuesday, as losses tied to U.S. AI data center equipment procurement and Intel share declines weighed on earnings.

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SoftBank swings to $7 billion loss after U.S. data center hit and Intel share decline

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