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SoftBank Sells $5.8 Billion Stake in Nvidia

SoftBank's $5.8 billion Nvidia stake sale stirs fresh AI bubble fears

Nov 11 (Reuters) - SoftBank Group's $5.8 billion sale of its Nvidia stake jolted stock markets on Tuesday, stoking fears that the frenzy around artificial intelligence may have peaked, especially afte...

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SoftBank sells Nvidia stake for $5.8bn to fund AI investments

The Edge Singapore · 2d

SoftBank unloads Nvidia stake for US$5.8b in surprise move

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Will SoftBank Regret Selling Off Nvidia Again?

Softbank has sold its entire stake in Nvidia—worth some $5.8 billion—to support its $30 billion investment in OpenAI, the Japanese tech conglomerate disclosed in its earnings report today.

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SoftBank offloads entire $5.83 billion stake in Nvidia — firm sells off stock, cash will fund major investment in OpenAI, also in talks over Stargate

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SoftBank Group Shares Fall After Quarterly Results, U.S. Tech Stock Declines

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SoftBank Sells Entire $5.8B Nvidia Stake And Part Of T-Mobile Holdings To Back $22.5B OpenAI Investment

SoftBank’s $22.5 billion investment in the ChatGPT maker will boost its stake from 4% to 11%, with the potential for further increases depending on the company’s performance and future valuations.

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Nvidia Stock Lurches Down as SoftBank Pulls Entire Investment

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SoftBank’s Nvidia sale rattles market, raises questions

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

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

2don MSN

Softbank dumps its entire Nvidia portfolio worth $5.8 billion as its CEO goes all-in on OpenAI to the tune of $30 billion

Masayoshi Son, the 68-year-old CEO of SoftBank, has a mixed track record when it comes to massive, high-stakes investments.

2don MSN

SoftBank Group’s Profit Doubles on OpenAI Investment

The Japanese technology investment company has been leading an investment of up to $40 billion in OpenAI, with plans to syndicate out $10 billion to co-investors.

The Edge Singapore

SoftBank’s profit surges after boost from soaring AI valuations

SoftBank Group Corp reported a surprise quarterly profit jump after a tech rally boosted the value of its holdings in companies such as Nvidia Corp and Intel Corp.

The Manhattan Mercury

AI stock boom delivers bumper quarter for Japan's SoftBank

Japan's SoftBank Group reported Tuesday that net profit more than doubled in the second quarter thanks to a boom in AI-related share prices that has fuelled fears of a market

2don MSN

SoftBank exits Nvidia with $5.8 bn profit as Masayoshi Son doubles down on AI investments

SoftBank Group, led by Masayoshi Son, has divested its entire holding in Nvidia for $5.8 billion. The company also announced that its second-quarter net profit more than doubled, as it prepares to accelerate investment in artificial intelligence ventures.

SoftBank Says It Sold Its Entire Nvidia Stake. The Chip Stock is Sliding.

The Japanese company in a Tuesday statement said it sold 32 million shares of chip giant Nvidia, a "complete sale," in October, raising nearly $6 billion.