By: Min Jeong Lee, Aya Wagatsuma
(Bloomberg) -- SoftBank Group Corp.’s stock rose 1.5% to a new lifetime high on Wednesday, a vote of confidence in Masayoshi Son’s ambitions to ramp up investments in AI and semiconductors.Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineeUS Allies Allege China Is Developing Attack Drones for RussiaPowerful Storm Beryl Aims at Jamaica After Grenada StrikeS&P 500 Closes Above 5,500 in Record-Breaking Run: Markets WrapBiden Plummets in Leaked Democratic Polling