SoftBank posts $7.1bn quarterly loss after $3.7bn writedown on US AI data centre power gear

SoftBank Group swung to a net loss of ¥1.12tn ($7.1bn) in the July–September quarter, driven mainly by a $3.7bn writedown on power equipment for US AI data centres.

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2026-11-12 11:36 · The Next Web
SoftBank swings to $7bn loss after writing off $3.7bn of AI power gear

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