Japan tech group’s stock hits record highs on hopes for latest pivot

20250815N son and huang

SoftBank Group Chairman & CEO Masayoshi Son, right, embraces Nvidia CEO Jensen Huang at the Nvidia AI Summit Japan last year in Tokyo. (Photo by Ken Kobayashi)

YUSUKE YAGI

August 16, 2025 02:45 JST

TOKYO — SoftBank Group has increased its stake in chipmaker Nvidia, the world’s most valuable listed company, part of a strategic shift toward artificial intelligence and away from telecommunications.