NewsMV
An $8.2 billion contribution tied to Intel pushed SoftBank Group's fiscal first-quarter profit past market expectations when the Japanese conglomerate reported Thursday.
OpenAI, the relationship that commands most of the attention around SoftBank, sat in the secondary position this quarter.
Intel at the front of SoftBank's result The $8.2 billion from Intel is the line item that explains the beat. OpenAI's role in the quarter came in behind it.
The ordering matters because investors tend to approach SoftBank through the OpenAI lens first. Both Intel and OpenAI factor into SoftBank's quarterly results.
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