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SoftBank Confirms Nvidia Exit to Reallocate Cash for Big AI Investments

The company says the sales replenish a war chest for larger, direct AI bets.

Overview

  • SoftBank disclosed it sold its entire 32.1 million-share Nvidia stake in October for about $5.83 billion.
  • The company also sold portions of its holdings in T-Mobile and Deutsche Telekom to increase liquidity for upcoming deals.
  • Proceeds are earmarked for reported plans including roughly $30 billion for OpenAI and a $6.5 billion takeover of Ampere Computing.
  • SoftBank has arranged bridge loans to finance these transactions as Masayoshi Son advances projects such as the Stargate data-center initiative and a possible Arizona chip complex.
  • For July–September, SoftBank reported net profit of about 2.5 trillion yen largely from valuation gains on its OpenAI stake, and its shares jumped roughly 9% after the disclosures.