Trump to announce $100 billion SoftBank investment in US projects

gazette.com

President-elect Donald Trump will announce a $100 billion investment by SoftBank in U.S. projects over the next four years. The announcement will take place at his Mar-a-Lago resort in Florida, marking his first press address since winning the election. This investment differs from previous deals, such as Foxconn's scaled-back plans, which fell short of initial promises. Trump aims to showcase his commitment to attracting foreign investment and creating jobs in the U.S. SoftBank, led by CEO Masayoshi Son, has a diverse investment portfolio, including major companies like Alibaba and Nvidia. The announcement follows Trump's recent pledge to expedite federal permits for large construction projects.


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