Softbank Group Corporation's stock hit an all-time high, rising 1.5% on Tuesday, July 2. This surge follows a period of plummeting shares due to the closure of high-profile tech startups and a tech sector crackdown by the Chinese government. The company's recent success is largely attributed to its shift towards artificial intelligence (AI) and the performance of its computing subsidiary, Arm Holdings. Despite concerns of an AI market bubble, Softbank's all-in approach to AI has yielded record-breaking dividends. However, analysts recall Softbank's heavy investment in dotcom startups 24 years ago, which led to significant losses when the bubble burst.