SoftBank has confirmed it sold its entire stake in Nvidia in October, offloading 32.1 million shares for $5.83 billion. The disclosure came Tuesday alongside the Japanese conglomerate’s latest earnings report, which also revealed a $9.17 billion sale of T-Mobile US shares. Both moves form part of a broader strategy to reallocate capital into artificial intelligence ventures, among which is most notably a deepening alignment with OpenAI.
The stake sale severs a direct investment link between SoftBank and the world’s most valuable chipmaker at a time when Nvidia’s position in the AI boom is virtually unchallenged. Nvidia’s data center GPU business is currently driving quarterly revenues in the tens of billions, with hyperscale buyers like Microsoft and Meta securing multi-quarter supply commitments. Even so, SoftBank is shifting focus from component suppliers to the companies consuming that compute and the infrastructure required to deliver it at scale.
