New Delhi, May 21 -- SoftBank Group share price surged nearly 20% on Thursday, snapping a five-session losing streak, after robust earnings from chipmaker Nvidia renewed optimism around the artificial intelligence (AI) sector.

SoftBank Group shares jumped 19.85% to 6,039 yen, adding nearly $35 billion to the company's market capitalisation in a single session. The conglomerate's total market value now stands at approximately 34.49 trillion yen.

The rally reflects SoftBank's deep exposure to the AI boom through its stake in Arm Holdings, whose chip architectures power AI servers and data centres built on Nvidia systems, as well as its investments in OpenAI. Arm Holdings shares gained more than 15% during US trading hours.

Additionally, ...