$SoftBank Group (ADR) (SFTBY.US)$ CEO Masayoshi Son is expected to declare a $100 billion investment in the United States during a meeting with President-elect Donald Trump at Mar-a-Lago, Palm Beach, Florida on Monday.
What Happened: The Japanese tech-investing giant's founder will also commit to creating 100,000 jobs in AI and related infrastructure, according to CNBC sources. This investment is anticipated to be finalized by the end of Trump's term.
The funding may come from various Softbank-controlled sources, including the Vision Fund, capital projects, or chipmaker Arm Holdings (NASDAQ:ARM), where Softbank holds a majority stake. Some of the funds might not be newly raised, potentially including previously announced investments like Softbank's $1.5 billion in OpenAI.
This announcement echoes a similar pledge made in 2016 when Softbank agreed to invest $50 billion in the U.S. to create 50,000 jobs following Trump's first election victory.
Why It Matters: The announcement comes at a time when investor sentiment is shifting back toward the 'BoJ trade,' a strategy involving long positions in Japanese equities and banks, while shorting the yen and Japanese government bonds (JGBs). This renewed interest has gained traction, especially after Trump's election win, as noted by JPMorgan analyst Nikolaos Panigirtzoglou. The yen has weakened, moving from 150 to 153 against the dollar, and the probability of a December rate hike has dropped significantly.
Additionally, the backdrop of this investment includes national security concerns surrounding foreign investments in the U.S. Former U.S. Secretary of State Mike Pompeo recently supported Nippon Steel Corp.'s proposed $14.9 billion acquisition of United States Steel Corp., citing the need to strengthen America's position against Chinese market dominance. This deal faces opposition from both President Joe Biden and Trump, with Biden expected to block it on national security grounds.
Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
软银（场外交易代码：SFTBY）首席执行官孙正义预计将于周一在佛罗里达州棕榈滩的Mar-a-Lago与当选总统唐纳德·特朗普会晤时宣布在美国投资1000亿美元。
发生了什么：据CNBC消息人士称，这家日本科技投资巨头的创始人还将承诺在人工智能和相关基础设施领域创造10万个工作岗位。这项投资预计将在特朗普任期结束前完成。
资金可能来自软银控制的各种来源，包括愿景基金、资本项目或软银持有多数股权的芯片制造商Arm Holdings（纳斯达克股票代码：ARM）。其中一些资金可能不是新筹集的，可能包括先前宣布的投资，例如软银对OpenAI的15亿美元。
该公告呼应了2016年做出的类似承诺，当时软银同意在特朗普首次大选获胜后在美国投资500亿美元，创造5万个就业机会。
为何重要：该公告是在投资者情绪重新转向 “日本央行交易” 之际发布的，该策略涉及日本股票和银行的多头头寸，同时做空日元和日本政府债券（JGB）。正如摩根大通分析师尼古拉斯·帕尼吉尔佐格洛指出的那样，这种新的兴趣越来越受到关注，尤其是在特朗普大选获胜之后。日元兑美元汇率已走弱，从150升至153，12月加息的可能性已大幅下降。
此外，这项投资的背景还包括围绕外国在美国投资的国家安全问题。美国前国务卿迈克·蓬佩奥最近支持了新日铁公司提议以149亿美元收购美国钢铁公司，理由是需要加强美国对抗中国市场主导地位的地位。该协议面临乔·拜登总统和特朗普的反对，预计拜登将以国家安全为由阻止该协议。
免责声明：该内容部分是在Benzinga Neuro的帮助下制作的，并由Benzinga编辑审查和发布。
照片由 Nobuyuki Hayashi 在 Shutterstock 上拍摄
