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SoftBank overtakes Toyota as Japan's most valuable company on AI boom
SoftBank Group has become Japan's most valuable company, surpassing Toyota Motor. This shift highlights investor excitement for artificial intelligence. SoftBank's shares surged, while Toyota's stock declined. The move signals a preference for AI-linked businesses. Japan's memory chip maker Kioxia Holdings also benefits from AI demand.
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asia.nikkei.com
SoftBank dethrones Toyota as Japan's most valuable company
Conglomerate's market cap tops automaker's for first time since 2000
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thenextweb.com
SoftBank overtakes Toyota as Japan’s most valuable company on the AI rally
SoftBank’s market cap topped Toyota’s for the first time in 23 years on Monday, driven by its $65bn OpenAI stake and a Nikkei 225 breaking 67,000.
