SoftBank Sells $5.8 Billion Stake in NVIDIA
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Shares of SoftBank Group plunged over 8%, marking its third straight day of selloff after the Japanese giant said it had sold its entire stake in Nvidia.
SoftBank sold its stake in Nvidia and is all in on OpenAI. Here's what else we learned about the AI race in its earnings call.
SoftBank (OTCPK:SFTBY) took new stakes in Intel (INTC) and Klarna (KLAR) in Q3 2025, among other moves. Read more here.
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.
Nvidia is out. OpenAI is in. Does that make sense?
Yoshimitsu Goto, a senior vice president of SoftBank Group Corp., on Tuesday said "it's difficult to judge" whether a bubble is forming with artificial intelligence as excessive expectations for the technology seem to be arising.
SoftBank has been making waves in the investment world and has become one of the most significant financial beneficiaries of the current AI boom. Its Vision Fund reported a gain of ¥3.5 trillion in investments, much of which resulted from its OpenAI holdings, and is now estimated to total ¥2.16 trillion for the quarter.
The unequivocal high for SoftBank was its $20 million Alibaba investment, made in 2000. It paid off huge, blossoming into a $60 billion stake by 2014, a roughly 3,000-times return. The Cowboys also reached the peak of the pro football mountain in the 90s, winning the Super Bowl three times between 1992 and 1995.