Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
9984.T - SoftBank Group Corp
Q2 2024 SoftBank Group Corp Earnings Investor Presentation
Nov 09, 2023 / NTS GMT
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Presentation
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Unidentified Company Representative, [1]
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The Arm IPO was a milestone event for both SoftBank and Arm but also for the broader market. It was the largest IPO for this year. Arm is driving the AI revolution and the demand for Arm-based chips will be faster driven by the surge of AI technology. Arm-based chips everywhere from mobile to cloud to automotive. That's why the variation was strong. ARM were listed on NASDAQ in September at $52 billion. The demand was strong, and 10 strategic patterns participated as cornerstone investors. And for SoftBank, the return has been strong more than 3x the multiple of our invested capital since the acquisition in 2016. So the market gave both of confidence to the fundamental value and the growth prospects of
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