SoftBank Group's Nov. 10 results include a $3.7 billion loss on advance payments for power-generation equipment for U.S. AI data center projects, including the PORTS-Pike campus in Pike County, Ohio, after procurement plans changed; up to $2.1 billion could come back as rebates on future purchases. The Senate advanced the Bipartisan American Affordability and Jobs Act on a 73-25 cloture vote, a bill that would make new data centers of 20 MW or more pay the full cost of their grid upgrades (about $55 billion over 10 years by one estimate). Reuters reports Microsoft, with 35 U.S. data centers under construction and 134 planned per Cleanview, is pressing the White House to drop an expected ban on new Chinese optical transceivers.

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Sources:

• https://www.thestar.com.my/tech/tech-news/2026/11/10/softbank-swings-to-7-billion-net-loss-in-second-quarter
• https://www.streetinsider.com/Reuters/SoftBank+books+%247+billion+quarterly+loss+on+US+data+centre+hit/27317116.html
• https://econotimes.com/SoftBank-Books-3-73-Billion-Loss-on-U-S-Power-Generation-Equipment-1774671
• https://www.utilitydive.com/news/permitting-bill-advances-in-senate-but-its-future-is-uncertain-after-democ/874250/
• https://www.abqjournal.com/news/heinrich-permitting-bill-clears-senate-hurdle/3159360
• https://www.energy.senate.gov/press/dem/heinrichs-bipartisan-american-affordability-and-jobs-act-passes-key-senate-vote/
• https://gridandgeneration.com/news/senate-to-vote-on-amended-baaja-transmission-tribal/
• https://www.investing.com/news/stock-market-news/exclusivemicrosoft-presses-trump-to-scuttle-expected-ban-on-chinese-data-center-technology-5014745