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Benzinga
Benzinga
Business
Anusuya Lahiri

Nvidia, AI Bets Lift SoftBank To Profit After Brutal Year-Ago Loss

SoftBank Nvidia SoftBank Group OpenAI Japanese Yen Nasdaq
Softbank,Sign,At,Softbank,Vision,Fund,Headquarters,In,Silicon,Valley.

Japanese investment holding company SoftBank Group (OTC:SFTBF) (OTC:SFTBY) reported first-quarter results on Thursday. The company reported quarterly net sales of 1.82 trillion Japanese yen ($12.54 billion), up from 1.70 trillion yen ($11.71 billion) a year ago.

SoftBank segment net sales grew 8% to 1.66 trillion yen ($11.43 billion). 

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