SoftBank sells entire stake in Nvidia for $5.8 billion

SoftBank Group Corp. reported on Nov. 11 that net profit more than doubled in the latest quarter, helped by a multibillion-dollar profit from its investment in OpenAI, and said it would sell all of its Nvidia Corp. shares for $5.83 billion by October 2025.

The technology investment group recorded a net profit of 2.5 trillion yen ($16.2 billion) in the second quarter of this fiscal year (ended September 2025), up from 1.2 trillion yen in the same period last fiscal, thanks to a boom in AI-related stocks.

SoftBank reported a nearly three-fold jump in first-half profit from the same period a year earlier. Revenue for the period rose slightly 7.7% to 3.7 trillion yen.

SoftBank's finances tend to fluctuate as it invests in multiple projects, including through its Vision Fund. However, its latest financial report shows that its investment in OpenAI has brought in a profit of 2.157 trillion yen.

SoftBank led a $40 billion investment in OpenAI. SoftBank said co-investors have committed to invest an additional $22.5 billion in OpenAI through Vision Fund 2 in December.

The Tokyo-based company, led by billionaire Masayoshi Son, has invested more heavily in AI over the past year. But its aggressive AI investments have also raised concerns that it could be overexposed to tech companies trading at high valuations if the bubble bursts.

SoftBank has also invested in Arm Holdings and Taiwan Semiconductor Manufacturing Co., two computer chip makers that are both benefiting from the rise of AI.

Last week, Arm Holdings reported a doubling of its fiscal second-quarter profit as revenue soared, thanks to demand for the company's computing platform./.

(TTXVN/Vietnam+)

Source: https://www.vietnamplus.vn/softbank-ban-toan-bo-co-phan-trong-nvidia-voi-gia-58-ty-usd-post1076345.vnp