SoftBank Sells Entire Stake in Nvidia for $5.83 Billion

SoftBank Sells Entire Stake in Nvidia for $5.83 Billion

By ADMIN
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Tokyo-based investment giant SoftBank Group Corp. has announced the sale of its entire holding in Nvidia Corp., fetching approximately US$5.83 billion from the transaction. The sale comes as SoftBank reports a sharply improved second‑quarter performance, with net profit rising substantially and revenues trending upward. The move underscores SoftBank’s strategic pivot toward artificial‑intelligence investments—most notably, increased focus on OpenAI and other AI infrastructure plays—rather than holding equity in a single chip‑maker. In detailing the transaction, SoftBank revealed it off‑loaded roughly 32 million Nvidia shares in October. While some market watchers view the divestment as surprising, company executives maintain it was driven by bigger ambitions in the AI space—not necessarily concern over Nvidia itself. #SoftBank #Nvidia #AIInvestments #TechnologyShift #SlimScan #GrowthStocks #CANSLIM

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