SoftBank beats profit expectations, borrows $10B using OpenAI stake

SoftBank, the Japanese technology conglomerate, reported quarterly earnings on August 6, 2026, that beat analyst expectations, driven by gains from its chip investments, including an $8 billion profit on its Intel stake. However, the company's net profit fell 18% compared to the same period last year. In a separate move, SoftBank secured a $10 billion margin loan using its stake in OpenAI as collateral. The loan and the Intel gains highlight SoftBank's aggressive investment strategy in artificial intelligence and semiconductors.