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SoftBank sells its entire stake in Nvidia for $5.83 billion (www.cnbc.com)
submitted 1 year ago by to c/economics@lemmy.world
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SoftBank said Tuesday it has sold its entire stake in U.S. chipmaker Nvidia for $5.83 billion as the Japanese giant looks to capitalize on its “all in” bet on ChatGPT maker OpenAI.

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[–] 9 points 1 year ago

″[SoftBank] made a point of saying that it wasn’t any view on NVIDIA... At the end of the day, they are using the money to invest in other AI related companies,” he said

Important bit of info for people who are just seeing the title :(

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