SoftBank has completed a $5.8 billion sale of its Nvidia stake, marking a pivot from semiconductors toward artificial-intelligence software like OpenAI. The announcement caused ripples across global tech markets.
The Japanese group reported net profits of 2.5 trillion yen for the quarter, more than double last year’s figure, aided by valuation gains linked to its AI portfolio. SoftBank is now positioning itself as a major financier of AI infrastructure and applications.
CFO Yoshimitsu Goto said the firm needed to divest certain assets to fund its $30 billion OpenAI investment plan. “The decision was not about Nvidia—it was about reallocating resources for growth,” he stated.
Nvidia’s stock slid 3.5% after the announcement, contributing to a broad tech pullback as investors wondered if the AI rally is showing signs of fatigue.
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