$SoftBank Group (ADR) (SFTBY.US)$ 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.
軟銀（場外交易代碼：SFTBY）首席執行官孫正義預計將於週一在佛羅里達州棕櫚灘的Mar-a-Lago與當選總統唐納德·特朗普會晤時宣佈在美國投資1000億美元。
發生了什麼：據CNBC消息人士稱，這家日本科技投資巨頭的創始人還將承諾在人工智能和相關基礎設施領域創造10萬個工作崗位。這項投資預計將在特朗普任期結束前完成。
資金可能來自軟銀控制的各種來源，包括願景基金、資本項目或軟銀持有多數股權的芯片製造商Arm Holdings（納斯達克股票代碼：ARM）。其中一些資金可能不是新籌集的，可能包括先前宣佈的投資，例如軟銀對OpenAI的15億美元。
該公告呼應了2016年做出的類似承諾，當時軟銀同意在特朗普首次大選獲勝後在美國投資500億美元，創造5萬個就業機會。
爲何重要：該公告是在投資者情緒重新轉向 「日本央行交易」 之際發佈的，該策略涉及日本股票和銀行的多頭頭寸，同時做空日元和日本政府債券（JGB）。正如摩根大通分析師尼古拉斯·帕尼吉爾佐格洛指出的那樣，這種新的興趣越來越受到關注，尤其是在特朗普大選獲勝之後。日元兌美元匯率已走弱，從150升至153，12月加息的可能性已大幅下降。
此外，這項投資的背景還包括圍繞外國在美國投資的國家安全問題。美國前國務卿邁克·蓬佩奧最近支持了新日鐵公司提議以149億美元收購美國鋼鐵公司，理由是需要加強美國對抗中國市場主導地位的地位。該協議面臨喬·拜登總統和特朗普的反對，預計拜登將以國家安全爲由阻止該協議。
免責聲明：該內容部分是在Benzinga Neuro的幫助下製作的，並由Benzinga編輯審查和發佈。
照片由 Nobuyuki Hayashi 在 Shutterstock 上拍攝
