Updated
Updated · Yahoo Finance · Aug 15
SoftBank Sells 71.5% of TSMC Stake, Buys Capital One After Q1 Revenue Tops ¥2 Trillion
Updated
Updated · Yahoo Finance · Aug 15

SoftBank Sells 71.5% of TSMC Stake, Buys Capital One After Q1 Revenue Tops ¥2 Trillion

3 articles · Updated · Yahoo Finance · Aug 15

Summary

  • SoftBank disclosed a new Capital One stake after cutting 71.5% of its Taiwan Semiconductor holding in first-quarter 2026 results, signaling a sharp portfolio shift from semiconductors toward U.S. financials.
  • ¥2,019.59 billion in quarterly sales beat the prior year level, but net income slipped to ¥347.33 billion, highlighting stronger revenue alongside softer earnings.
  • The reshuffle keeps focus on how asset sales and reallocations affect SoftBank's earnings mix, cash generation and capacity to fund buybacks, dividends and AI investments.
  • By 2029, SoftBank's narrative still points to ¥9,570.6 billion in revenue and ¥741.9 billion in earnings, though the latest moves may deepen debate over concentration risk and execution.

Insights

Why is SoftBank dumping top AI chipmakers to buy a traditional credit card company right in the middle of an AI boom?
Could SoftBank’s massive €75 billion pivot to French data centers signal that energy, not chips, is the real bottleneck for AI's future?