SoftBank said Tuesday it sold its entire stake in Nvidia for $5.83 billion, using the proceeds to support its growing investments in OpenAI and other AI ventures. The Japanese conglomerate disclosed that it sold 32.1 million Nvidia shares in October, alongside a $9.17 billion sale of T-Mobile shares as part of its broader asset monetization strategy.
Chief Financial Officer Yoshimitsu Goto said the divestments aim to ensure the company maintains “financial strength” while pursuing aggressive AI investments. A source familiar with the matter told CNBC the funds will primarily back SoftBank’s $22.5 billion investment in OpenAI and support projects such as the acquisition of ABB’s robotics unit.
Despite the Nvidia exit, SoftBank remains deeply tied to the chipmaker through AI ventures including the $500 billion Stargate data center project. Analysts said the sale reflects capital reallocation rather than reduced confidence in Nvidia.
The company’s Vision Fund reported a $19 billion quarterly gain, doubling profit and reinforcing SoftBank’s strategy of expanding across the AI value chain—from chips to large language models and robotics.
For related coverage, read SoftBank and OpenAI Form Japan Joint Venture for Enterprise AI.
