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SoftBank offloads entire $5.83 billion Nvidia stakes to raise cash for new AI investments
SoftBank sold its entire holding in Nvidia for $5.83 billion in October, according to the earnings announcement shared Tuesday. The sale included 32.1 million Nvidia shares, and it came as the ...
The Motley Fool
SoftBank Just Sold Its Entire Stake in Nvidia. Here's the 1 Key Thing You Need to Know.
Nvidia (NVDA +2.05%) stock has been flying high over the past few years -- rising about 1,000% over the latest three -- thanks to the company's key role in the artificial intelligence (AI) market, one ...
Benzinga.com
SoftBank Swaps Nvidia For OpenAI — Is The Hardware Play Done?
SoftBank (OTCPK:SFTBY) just made one of the boldest trades in the AI era — selling $5.8 billion worth of Nvidia Corp (NASDAQ:NVDA) shares to fund a $22.5 billion commitment to OpenAI. On paper, it ...