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SoftBank sold its Nvidia stake for $5.8 billion, boosting profits and funding AI expansion.
SoftBank Group sold its entire $5.8 billion Nvidia stake in October, nearly tripling its first-half profit to 2.5 trillion yen ($13 billion).
Chairman Masayoshi Son is redirecting proceeds toward AI ventures, including OpenAI and the $500 billion Stargate project.
Despite divesting, SoftBank remains linked to Nvidia through its portfolio firms, as its stock nearly doubled amid growing investor confidence in its AI pivot.
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SoftBank vendió su participación en Nvidia por $ 5.8 mil millones, aumentando las ganancias y financiando la expansión de AI.