fintech / news / / CNBC
Japanese tech-focused investment giant SoftBank Group soared 16.5% Thursday, amid a broader tech-fueled rally.
SoftBank's 16.5% share surge is its best single-day performance since 2020.
KEY POINTS
- 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
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