{"id":973246,"date":"2025-11-12T07:36:48","date_gmt":"2025-11-12T02:06:48","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=973246"},"modified":"2025-11-12T08:01:05","modified_gmt":"2025-11-12T02:31:05","slug":"ai-stock-boom-delivers-bumper-quarter-for-japans-softbank","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/11\/12\/ai-stock-boom-delivers-bumper-quarter-for-japans-softbank\/","title":{"rendered":"AI stock boom delivers bumper quarter for Japan&#8217;s SoftBank"},"content":{"rendered":"<p>Japan&#8217;s SoftBank Group reported Tuesday that net profit more than doubled in the second quarter thanks to a boom in AI-related share prices that has fuelled fears of a market bubble.<\/p>\n<p>The tech investment giant \u2014 a major backer of ChatGPT-maker OpenAI \u2014 logged a net profit of 2.5 trillion yen ($16.2 billion) in July-September, up from 1.2 trillion yen in the same period last year.<\/p>\n<p>SoftBank also announced it sold $5.8 billion worth of shares in US chip giant Nvidia last month, after the quarter had ended.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan&#8217;s SoftBank Group reported Tuesday that net profit more than doubled in the second quarter thanks to a boom in AI-related share prices that has fuelled fears of a market bubble. The tech investment giant \u2014 a major backer of ChatGPT-maker OpenAI \u2014 logged a net profit of 2.5 trillion yen ($16.2 billion) in July-September, up from 1.2 trillion yen in the same period last year. SoftBank also announced it sold $5.8 billion worth of shares in US chip giant Nvidia last month, after the quarter had ended.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-973246","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/973246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=973246"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/973246\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=973246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=973246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=973246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}