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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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[–] 10 points 1 year ago*

Jesus Christ that's a bad idea.

Nvidia over here selling marked-up shovels by the barrow-ful, but I'm gonna invest it all in Sammy finding that huge nugget.

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