12 Nov 2025
It sold 32.1 million shares worth $5.8 billion in October.
SoftBank aims to fund its CEO, Masayoshi Son’s, AI investments in OpenAI and the Stargate data centre project worth $500 billion. Its entire stake sale in Nvidia pushed the market down by 2%.
This is the second time SoftBank has exited Nvidia. Its Vision Fund, an early investor in Nvidia, bought a $4 billion stake in 2017 and sold it in January 2019.
Scepticism is ripe around the AI bubble. Goldman Sachs, Morgan Stanley, and Michael Burry, the short-seller, have warned about the overvaluation of AI stocks. CoreWeave, a US-based cloud computing company, has recently revised its revenue forecast from $5.15-5.35 billion to $5.05-5.15 billion, thus missing the Wall Street forecast of $5.29 billion.
SoftBank also sold its T-Mobile stock, worth $9.2 billion, to divert funds toward AI apps. SoftBank’s rising interest is boosting the valuation of OpenAI, which is also preparing for a possible trillion-dollar IPO.
Check out my new book, THE BLACK FLAMES, on Amazon Kindle. A gripping, high-stakes novel.
⭐⭐⭐⭐.6 stars on Amazon
⭐⭐⭐⭐⭐ on Goodreads