SoftBank quarterly profit falls 18% despite big Intel gains

SoftBankCheaper Chinese models add to concerns over massive OpenAI investmentInvestors have been scrutinizing how SoftBank Group will finance its expanding AI ambitions. © ReutersTSUBASA SURUGAAugust 6, 2026 16:31 JSTTOKYO -- SoftBank Group reported an 18% fall in quarterly profits on Thursday, as higher costs and derivatives losses outweighed a surge in gains from investments such as in chipmaker Intel, held outside its Vision Funds.