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Story summary
- SoftBank Group has divested its NVIDIA Corporation stake, selling 32.1 million shares for $5.83 billion.
- CFO Yoshimitsu Goto said the sale did not reflect concerns about NVIDIA's performance and supports SoftBank's plan to fund AI investments, including a $22.5 billion OpenAI commitment.
- NVIDIA's shares fell 3% on the announcement day, and SoftBank's rose 3.6%.
