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SoftBank Group Corp. surges for consecutive days toward record high as Arm shares jump over 16% following Nvidia earnings

Fri May 22, 2026 9:47 am JST Catalyst

SoftBank Group Corp. <9984> extended its rally, approaching its all-time high. The stock rose by its daily limit the previous day following reports that U.S.-based OpenAI, in which SoftBank Group has invested, will soon file for an initial public offering. Subsequently, Arm Holdings Plc , a subsidiary of SoftBank Group, surged more than 16% in U.S. trading on May 21. Following NVIDIA Corp ’s earnings announcement, expectations grew that Arm's "AGI CPU" data center processor could also benefit from robust demand. SoftBank Group shares rose further on May 22, driven by Arm's sharp rally, lifting the Nikkei Stock Average.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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