New Delhi, Nov. 13 -- SoftBank has sold its entire $5.83 billion stake in U.S. chipmaker Nvidia, marking another calculated move in its ongoing pivot toward next-generation AI enterprise investments, according to a CNBC report.
The Japanese conglomerate disclosed that it sold 32.1 million Nvidia shares in October as part of a broader strategy to "maintain financial strength" while unlocking capital for large-scale investments. SoftBank also offloaded part of its T-Mobile stake for $9.17 billion, a move that reinforces its focus on high-value AI opportunities, including OpenAI and ABB's robotics business.
"We want to provide a lot of investment opportunities for investors while we can still maintain financial strength," said Yoshimitsu G...
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