SoftBank Group shares jumped 10% in Asian trading on Wednesday, leading a broad rally across technology stocks in the region.
The surge followed a record-setting session on Wall Street, where major US indexes climbed to fresh highs driven by robust corporate earnings and a pullback in oil prices.
The Japanese conglomerate's shares have been volatile in recent weeks, having surged more than 16% previously on the back of strong earnings from Nvidia.
The momentum in US markets has spilled over into Asia, with investors re-engaging with artificial intelligence and growth names.
SoftBank, which holds significant stakes in AI infrastructure and semiconductor firms, benefited directly from the renewed optimism surrounding the sector.
The Japanese conglomerate's shares have been volatile in recent weeks, having surged more than 16% previously on the back of strong earnings from Nvidia.
Other major Asian technology names also advanced.