SoftBank sells its entire stake in Nvidia for $5.83 billion

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Nvidia CEO Jensen Huang (L) and the CEO of the SoftBank Group Masayoshi Son airs during an AI lawsuit successful Tokyo connected November 13, 2024.

Akio Kon | Bloomberg | Getty Images

Japanese elephantine SoftBank said Tuesday it has sold its full involvement successful tech elephantine Nvidia for $5.83 billion.

The steadfast said successful its earning connection that it sold 32.1 cardinal shares of Nvidia successful October. It besides sold disconnected portion of its involvement successful T-Mobile for $9.17 billion.

SoftBank's investments successful ChatGPT shaper OpenAI and PayPay helped the Japanese elephantine post a $19 cardinal gain connected its Vision Fund successful its fiscal 2nd quarter.

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