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SoftBank drops stake in Nvidia

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

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

· 3d · on MSN

Nvidia Shares Dip 2% After SoftBank Sells Entire Stake

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SoftBank Just Sold Its Entire Stake in Nvidia. Here's the 1 Key Thing You Need to Know.

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SoftBank’s AI ambitions test its balance sheet

SoftBank’s latest financial manoeuvres highlight a familiar tension for the Japanese group: balancing Masayoshi Son’s appetite for high-risk, high-reward bets with the practical limits of its own bala...

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Wall Street points higher on optimism over end to US government shutdown

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Asian shares are mostly higher in cautious trading as Wall Street settles

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Why did SoftBank sell off its Nvidia stake?

For years, Son has talked about SoftBank’s strategy to invest in the “computing platforms of the future,” including artificial intelligence. His firm amassed a reported $4 billion stake in Nvidia back in 2017, only to dump the shares in 2019.

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 Nvidia for $5.83 billion announced on Tuesday, and an overall concern regarding the overvaluation in the tech stocks.

2don MSN

Nvidia now worth more than Japan’s entire economy — just 30,000 employees vs 124 million people

Nvidia's market value has soared to nearly $5 trillion, eclipsing Japan's entire annual economic output. This AI chip giant's valuation now rivals Germany's economy, reflecting immense investor confidence in artificial intelligence.