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SoftBank Group shares soar 20% as Nvidia earnings signal strong AI momentum

Tech CNBC By CNBC 21 May 2026 02:03 1 min read
SoftBank Group shares soar 20% as Nvidia earnings signal strong AI momentum

SoftBank Group is closely tied to the AI boom through its stake in Arm Holdings, whose chip designs are used in AI servers and data centers powered by Nvidia systems.

SoftBank Group is closely tied to the AI boom through its stake in Arm Holdings, whose chip designs are used in AI servers and data centers powered by Nvidia systems.

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