The share price of Britain-based Arm, in which SoftBank has a 90% stake, roughly doubled in February after strong earnings results stoked investor excitement over Arm's anticipated gains from the adoption of generative artificial intelligence , but Arm's share price does not feed into SoftBank's profit as it is a subsidiary.fell.
SoftBank's management has said it is ready to make new growth investments but has stressed it will adopt a cautious approach. SoftBank could fund up to $30 billion by combining its liquidity at hand as of the end of 2023, the proceeds of bonds issued in March and by negotiating a margin loan on its Arm stake, according to calculations by Nomura Securities credit analyst Shogo Tono.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: