SoftBank sold its entire stake in Nvidia

Japanese tech giant SoftBank has sold its stake in Nvidia for $5.8 billion, shifting its focus to investing in OpenAI and other artificial intelligence projects. This was reported by as reported by AP.
Tokyo-based SoftBank Group Corp. on November 11 announced the sale of shares in chipmaker Nvidia.
SoftBank's profit in April-September almost tripled year-on-year to 2.5 trillion yen (about $13 billion). Sales for the six months increased by 7.7% year-on-year, reaching 3.7 trillion yen ($24 billion).
The company's financial performance fluctuates as it invests in various businesses, including through Vision Funds technology funds.
In February 2025, SoftBank CEO Masayoshi Son, together with US President Donald Trump, OpenAI's Sam Altman and Oracle's Larry Ellison, announced a large-scale investment of up to $500 billion in the Stargate artificial intelligence project.
SoftBank has already invested tens of billions of dollars in OpenAI. The two companies also plan to jointly provide artificial intelligence services in the Japanese market.
The sale of SoftBank's stake in Nvidia signifies a change in Son's strategy and provides the company with a significant profit amid Nvidia's rising market value .
- on October 8, it became known that the Japanese company SoftBank Group agreed to buy the industrial robotics business of the Swiss ABB Ltd for $5.4 billion.


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