Business and Finance
Business and Finance
Mon, December 16, 2024
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Trump and SoftBank CEO announce $100 billion US investment
- President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on Monday a $100 billion investment in the U.S. over the next four years in what would be a boost to the U.S.
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 part of a broader strategy to bolster U.S. technology and infrastructure, focusing on areas 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/ ]
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/ ]
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