SoftBank CEO to announce $100 bln investment in US during visit to Trump, CNBC reports

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SoftBank CEO to announce $100 bln investment in US during visit to Trump, CNBC reports

^{Published on 2024-12-16 08:21:02 - Reuters}

SoftBank Group CEO Masayoshi Son will announce a $100 billion investment in the U.S. over the next four years during a Monday visit to U.S. President-elect Donald Trump's residence Mar-a-Lago, CNBC reported on Monday.

SoftBank CEO Masayoshi Son is set to announce a $100 billion investment in the United States during a visit with former President Donald Trump, according to a report by CNBC on December 16, 2024. This investment is aimed at bolstering the U.S. economy, focusing on sectors like artificial intelligence, semiconductors, and telecommunications. The announcement comes at a time when global tech investments are increasingly seen as strategic moves in international relations and economic development. The meeting with Trump, who has been vocal about bringing more jobs and investments back to the U.S., underscores the political and economic significance of this investment.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/softbank-ceo-announce-100-bln-investment-us-during-visit-trump-cnbc-reports-2024-12-16/ ]

N@N

SoftBank CEO to announce $100 bln investment in US during visit to Trump, CNBC reports