SoftBank reports $7 billion loss due to U.S. data center costs

SoftBank reports $7 billion loss due to U.S. data center costs2 publishers · first seen Tue, 10 Nov 2026 06:37 UTC · updated Tue, 10 Nov 2026 15:30 UTCSoftBank Group reported a net loss of 1.1 trillion yen ($7 billion) for the second quarter, reversing a profit from the previous year. The loss was due to declining valuations of its technology holdings and concerns over AI investments. The company's Vision Fund division also reported a loss of 81.6 billion yen. SoftBank's shares have fallen more than 50% since June, reflecting broader investor concerns about the AI sector.Content auto-generated. May contain inaccuracies.

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