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SoftBank Sells Nvidia Stake for AI Investments
11/11/2025
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Story summary
- SoftBank Group Corp (SoftBank) has sold its entire Nvidia stake for $5.83 billion to fund artificial intelligence investments, notably in OpenAI.
- The sale included 32.1 million Nvidia shares in October.
- SoftBank sold part of its T-Mobile stake for $9.17 billion.
- CFO Yoshimitsu Goto says the Nvidia sale funds upcoming projects, including a $22.5 billion OpenAI investment.
- Despite AI-bubble concerns, SoftBank reports net income of $16.2 billion in the second quarter.
