SoftBank reports $7 billion quarterly net loss on U.S. data-center costs
Briefing by News4U · First published
SoftBank Group reported a $7 billion net loss for the second quarter, swinging from a 2.5 trillion yen profit a year earlier, after revising procurement plans for U.S. AI data-center power equipment at a cost of $3.7 billion in the first half of 2026-27. [1] [2] [3]
Sources
- SoftBank Group Posts Multibillion-Dollar Loss Linked to U.S. Data-Center Projects
WSJ Business · · Summary only
- Tech investor SoftBank Group logs $7 billion Q2 net loss
RTÉ Business · · Full text
- SoftBank logs $7 billion loss after U.S. data center costs swell
The Japan Times · · Summary only