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Masayoshi Son, CEO of SoftBank, has been weighing up varied choices for chipmaker Arm after Nvidia walked away from shopping for the corporate.
Alessandro Di Ciommo | Nurphoto | Getty Photos
SoftBank posted its first quarterly revenue after 4 quarters of losses, smashing via analyst estimates, pushed by large good points at its flagship tech funding arm, the Imaginative and prescient Fund.
This is how SoftBank did within the December quarter in opposition to LSEG estimates:
- Internet gross sales: 1.77 trillion Japanese yen versus 1.8 trillion Japanese yen anticipated.
- Internet earnings: 950 billion Japanese yen versus 196.5 billion yen anticipated.
SoftBank’s flagship tech funding arm had a tough time within the fiscal 12 months that led to March final 12 months, posting a document lack of round $32 billion amid a droop in tech inventory costs and the souring of among the enterprise’ bets in China.
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