# Japanese tech-focused investment giant SoftBank Group soared 16.5% Thursday, amid a broader tech-fueled rally.

*fintech · news · 2026-05-07 · CNBC*

## Key points

- SoftBank's 16.5% share surge is its best single-day performance since 2020.
- SoftBank's gains are amplified by its close ties to Arm and OpenAI.
- AMD forecasts the datacenter CPU market could hit $120 billion by 2030, rising 35% yearly.
- AI inference and agentic AI demand are making datacenter CPUs a key infrastructure bottleneck.

**Companies:** SoftBank Group, Advanced Micro Devices Inc., Arm Holdings, Tokyo Electron, Renesas Electronics, Advantest, Super Micro Computer Inc.
**Countries:** Japan, United States

[Read the full story on CNBC](https://www.cnbc.com/2026/05/07/japan-softbank-tech-shares-nikkei-to-record-high.html)

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