SoftBank Cashes Out of Nvidia, Redirects $5.8 Billion Toward Major AI Investments
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SoftBank has sold off its entire Nvidia stake, totaling 32.1 million shares valued at roughly $5.83 billion, as part of a wider plan to strengthen its focus on artificial intelligence. The sale, completed in October, follows similar moves from the Japanese conglomerate, which also divested part of its T-Mobile shares for $9.17 billion. These moves are designed to fund SoftBank’s ambitious AI projects, including a massive $22.5 billion investment in OpenAI and its pending acquisition of ABB’s robotics division.
Company executives said the decision was motivated by a desire to maintain strong financial flexibility while pursuing growth opportunities across the AI ecosystem — not due to any concerns about Nvidia’s market performance. Analysts noted that the sale fits SoftBank’s ongoing pattern of rebalancing its portfolio, converting older investments into liquidity for next-generation technologies. Despite exiting its Nvidia holdings, SoftBank remains deeply tied to the chipmaker through AI ventures that rely on Nvidia’s hardware for data processing and computing power.
The sale marks SoftBank’s second major exit from Nvidia, following a similar move in 2019. Now, as the company increases its ownership stake in OpenAI from 4% to 11%, it is doubling down on artificial intelligence as the centerpiece of its long-term strategy. The reallocation of funds underscores CEO Masayoshi Son’s vision of positioning SoftBank as a global leader in the AI revolution — shifting from traditional tech holdings toward innovation that shapes the future.