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SoftBank Shares Surge 10% After Telecom Unit Lifts Outlook, Arm Strength Bolsters AI Narrative

SoftBank Corp raised its profit forecast as Arm's AI-driven revenue topped $1.2 billion, boosting shares by over 10% amid growing AI market confidence.

Summary by CNBC
Shares of SoftBank Group Corp jumped over 10% after its telecom arm raised its full-year profit outlook and renewed optimism around Arm Holdings.

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SoftBank Group shares rose more than 10 percent in trading today after its telecommunications subsidiary raised its annual forecast and, in further good news, its artificial intelligence interests gained significantly, CNBC reported.

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pressreach.com broke the news in on Monday, February 9, 2026.
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