PomegraSoftBank Stock Jumps 13.9% Despite Earnings Loss
Why is SoftBank stock up today?
SoftBank (9984.T) stock rose 13.9% to ¥3,872 on Tuesday as Asian tech shares rebounded, even though the company reported a ¥1.1 trillion quarterly net loss from AI costs.
Key numbers
| Net loss (July–September) | ¥1.12Tvs ¥2.5T profit a year ago |
|---|---|
| Sales | ¥2.2T+16% vs a year ago |
| US data center equipment charge | $3.7Bafter project plans changed |
| Financing costs | ¥462Bmore than doubled |
| OpenAI investment to date | $64.6Babout 13% stake |
| Conflicting loss figure | ¥768BInvesting.com only; [1][2][3] report about ¥1.1T |
What happened
SoftBank (9984.T) stock rose 13.9% to ¥3,872 on Tuesday as Asian tech shares rebounded, even though the company reported a ¥1.1 trillion quarterly net loss from AI costs. It was SoftBank's first loss in two years. A year earlier it made a ¥2.5 trillion profit. SoftBank paid up front for power equipment for US AI data centers, then took a $3.7 billion hit when plans changed, and its borrowing costs more than doubled to ¥462 billion. Sales rose 16% to ¥2.2 trillion.
Why it matters
SoftBank is one of the biggest backers of OpenAI, the maker of ChatGPT, and its results show how costly the AI boom is to fund. It has invested $64.6 billion for a stake of about 13%, which the company values at roughly $99.6 billion on paper before the latest $10 billion top-up. To keep paying for AI projects, it raised a record $56.5 billion in the quarter from loans and asset sales.
Who this affects
- MarketmixedMedium impact
- Japanese tech shares rallied, but AI cost worries remain.
- CompanybearishHigh impact
- Shareholders face a large loss and heavier borrowing costs.
- CompetitorsneutralLow impact
- Other AI data center builders face similar cost questions.
- IndustrymixedMedium impact
- Chip suppliers gain from AI spending while builders carry the costs.
SoftBank vs SK Hynix, Samsung Electronics, Tokyo Electron
| SoftBank Group9984.T | +13.9% | Tokyo |
|---|---|---|
| SK Hynix000660.KS | +6.7% | Seoul |
| Tokyo Electron8035.T | +6.1% | Tokyo |
| Samsung Electronics005930.KS | +4.7% | Seoul |
As of 2026-11-10
How we got here
SoftBank shares hit their 52-week high of ¥9,074.
SoftBank adds $10B to OpenAI, bringing total invested to $64.6B.
Shares touch a 52-week low of ¥3,350.
SoftBank reports ¥1.12T net loss; shares close up 13.9%.
What to watch
- Whether SoftBank keeps raising debt and selling assets to fund US AI data center projects, as its CFO expects.Next quarterly results
- SoftBank's net asset value: ¥44.7T on Nov 9 prices versus ¥59.8T at Sept 30.2026-11-09
- US October inflation data, which Asian markets were awaiting and which can sway tech shares.2026-11
Educational content only. Not investment advice.
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