When the shares of Softbank, founded by Japanese billionaire Masayoshi Son, gained great value since the beginning of 2024, he made a profit of approximately 4 billion dollars in 40 days. The reason for this unexpected increase in share value is that the chip manufacturer Arm, a subsidiary of the company, gained 192% in value in the stock market.
Who is Japanese billionaire Masayoshi Son?
Masayoshi Son, whose current fortune exceeds 15 billion dollars, is considered one of the richest people in the world. Known for his radical personality, Son is known for his successful initiatives, especially in the technology sector. Softbank, in which the Japanese billionaire held the majority shares, sold Arm to Nvidia for 40 billion dollars in 2022, but the American Federal Trade Commission canceled this sale because it would lead to monopolization in the chip industry.
We can say that the main reason for the huge market increase experienced by Arm is the company’s ability in chip production. The share value of the company, one of the world’s largest chip manufacturers, is expected to increase further in the coming period. If we consider the potential of artificial intelligence technologies for the future, this prediction can be considered quite possible. Because the special chips designed by the company and used in many different artificial intelligence hardware are in great demand in the industry.
So what do you think about this issue? What do you think will be the next move of Japanese billionaire Masayoshi Son? You can easily share your answers with us in the comments section below. Your opinions are valuable to us.
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