# SoftBank takes $3.7B earnings hit mostly from canceled turbine reservations

_Published Wednesday, November 11, 2026 at 7:38 AM EST · Infrastructure, Products · Latest · Tier 2 — Notable_

SoftBank reserved more than 13GW of gas turbines to power AI, the Wall Street Journal reported, citing sources. The company took a $3.7B earnings hit, mostly from canceled reservations. The reserved turbines represented generating capacity equivalent to six Hoover Dams.

## Sources

- [Techmeme](https://www.techmeme.com/261111/p18#a261111p18)

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Canonical: https://techandbusiness.org/newswire/cEWiNEWi8A-Lm3c03DKS6t
Published: 2026-11-11T12:38:13.478Z
Story chronology: 2026-11-11T11:50:55.000Z
Retrieved: 2026-11-11T14:58:09.436Z
Publisher: Tech & Business (techandbusiness.org)