Particle.news
Download on the App Store
116 ARTICLES
·
last wk.

SoftBank Sells Entire Nvidia Stake for $5.8 Billion to Back OpenAI and AI Infrastructure

The sale funds SoftBank’s planned multi‑billion‑dollar commitments to OpenAI, including the Stargate data‑center buildout.

Image
Image
Michael Burry, the investor of "The Big Short" fame.
the-why-behind-softbank-nvidia-stake-sale

Overview

  • SoftBank disclosed it sold 32.1 million Nvidia shares in October, raising about $5.83 billion.
  • Chief financial officer Yoshimitsu Goto said the move was not a judgment on Nvidia, citing the need to provide more than $30 billion for OpenAI this year.
  • The funding pool also includes roughly $9.17 billion from T-Mobile share sales plus new borrowing, including margin loans against Arm and bridge financing.
  • Proceeds are earmarked for OpenAI and large AI projects such as the $500 billion Stargate initiative, alongside planned deals for Ampere Computing and ABB’s robotics unit.
  • The announcement pressured tech shares and renewed AI bubble concerns, while SoftBank posted about ¥2.5 trillion in quarterly profit driven by AI-related valuation gains.