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SoftBank Sells Remaining Nvidia Stake to Fund Aggressive AI Push

SoftBank frames the move as a shift from public chip holdings to direct ownership of AI models plus infrastructure.

Overview

  • The company confirmed it liquidated 32.1 million Nvidia shares in October for $5.83 billion and disclosed a $9.17 billion sale of part of its T‑Mobile stake.
  • SoftBank says the cash will support larger AI bets, with reported plans for about $30 billion into OpenAI and a $6.5 billion takeover of Ampere Computing.
  • Bridge loans have been arranged to finance the proposed OpenAI investment and the Ampere deal, reflecting Masayoshi Son’s high‑risk, leveraged approach.
  • Infrastructure ambitions include the Stargate data‑center project and a proposed $1 trillion AI manufacturing hub in Arizona, for which SoftBank is courting TSMC.
  • SoftBank reported a quarterly profit of roughly $16 billion driven largely by valuation gains from its increased OpenAI stake, with the Nvidia sale occurring after the quarter and not contributing to that jump.