Japan’s SoftBank says it has sold its shares in Nvidia for $5.8 billion, turning its focus to OpenAI

Japanese technology giant SoftBank says it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments.
Anadolu Agency

SoftBank shares sink over 6% after Nvidia exit, tech overvaluation concerns

Japanese tech giant SoftBank's shares slumped 6.6% Friday driven by the firm's sale all of its stake in the US chip giant ...

Why Nvidia’s ‘big sellers’ might secretly be its biggest believers

Several big investors, including State Street, Bridgewater Associates, and T. Rowe Price, have sold part of their NVDA stakes ...

SoftBank offloads entire $5.83 billion stake in Nvidia — firm sells off stock, cash will fund major investment in OpenAI, also in talks over Stargate

SoftBank has confirmed it sold its entire stake in Nvidia in October, offloading 32.1 million shares for $5.83 billion. The ...

Asia markets mostly rise after Wall Street trades mixed; SoftBank falls over 7% after selling entire stake in Nvidia

Asia-Pacific markets mostly climbed Wednesday, after Wall Street traded mixed on hopes of the U.S. government shutdown ending ...

SoftBank ditches Nvidia in favour of deeper dive into AI

SoftBank has exited Nvidia for about €5.4bn and, after reporting a €14bn quarterly profit, said it will redirect capital into ...

SoftBank’s Nvidia Exit Raises Eyebrows, But Analysts Still See Big Upside for NVDA Stock

SoftBank’s exit comes at a time when the market is increasingly questioning whether the billions flowing into AI ...