SoftBank reported a Q1 net income of ¥421.82 billion ($2.9 billion), more than double estimates, driven by gains from Nvidia and its Vision Funds. The firm logged a ¥559.7 billion investment profit, including ¥209.7 billion from Nvidia. CEO Masayoshi Son reaffirmed AI ambitions, calling ASI a "winner-takes-all" arena. SoftBank shares are up 46% YTD; Nvidia has gained 33%.