SoftBank shares reach record high due to AI and semiconductor investments.

SoftBank shares trade above a record high, boosted by AI and semiconductor investment. The Japanese tech company's telecom arm is investing in generative AI, partnering with Microsoft and startup Perplexity AI, while its chip unit, Arm Holdings, is focusing on energy-efficient AI technology. This surge in share price is seen as a vindication for SoftBank founder Masayoshi Son, who has faced criticism for past large startup investments.

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