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SoftBank has offloaded its Nvidia shares for $5.8 billion, reallocating resources to fund its OpenAI expansion. The move reflects the company’s deepening conviction that AI will shape the next decade of global innovation.
The Japanese conglomerate’s quarterly profit surged to 2.5 trillion yen, helped by AI-driven valuation gains. It also sold part of its T-Mobile stake to further strengthen its financial reserves.
CFO Yoshimitsu Goto stated that a $30 billion OpenAI investment plan requires capital from existing holdings. “This isn’t about Nvidia—it’s about future opportunities,” he said.
Markets took notice, with Nvidia shares dropping 3.5% and other tech stocks following suit amid renewed discussion over AI-sector valuations.