SoftBank CEO Masayoshi Son announces Arm will transition from fabless chip design to direct participation in chip manufacturing, claiming 10x+ growth potential ahead.
On June 24th, SoftBank Group Chairman Masayoshi Son stated at the shareholders' meeting that Arm, the British chip design company under its umbrella, will evolve from a chip designer into a chip provider, directly participating in manufacturing. He predicted that "the future AI era will be centered on CPUs" and emphasized that Arm "has more than 10 times room for growth." He also addressed SoftBank's approximately 300 billion yen investment in Intel, noting that it "faced criticism initially," but currently "the profit calculated by market value has reached tens of trillions of yen."
China State-Owned Assets Supervision and Administration Commission has issued a statement clarifying that it has not participated in any activities conducted by Tianjin Guofu Xinlian Management Consulting Partnership, Hongyi Venture Capital Investment Company, or their affiliates. The company discovered that these entities have been conducting fund business operations using its name without authorization. The commission stated it has no equity relationship or business cooperation with these entities, has not signed any agreements with them, and has not provided any authorization through any channel or form. The company further clarified that it is unaware of and has not participated in any activities conducted by these entities, which have no relationship to the company, and the company assumes no responsibility for such activities.