SoftBank has cashed out of Nvidia for $5.8 billion, rechanneling funds to its OpenAI investment as concerns mount over an AI-bubble in tech markets. The move reflects Masayoshi Son’s strategy to bet on the next frontier of intelligent software.
The Japanese investor’s quarterly profits more than doubled to 2.5 trillion yen, helped by valuation gains from AI-related assets. SoftBank also trimmed its T-Mobile stake to raise additional capital for future AI projects.
CFO Yoshimitsu Goto said the firm’s OpenAI investment requires over $30 billion this year. He emphasized the Nvidia sale was “nothing to do with Nvidia itself” but purely a strategic decision to fund growth.
Nvidia’s shares fell 3.5% and dragged down other tech names, reflecting how one company’s portfolio move can ripple through the AI-driven market.
SoftBank Rebalances Portfolio, Sells Nvidia Stake Amid AI Hype
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