Home » SoftBank Trades Chips for AI Brains with $5.8B Nvidia Sale

SoftBank Trades Chips for AI Brains with $5.8B Nvidia Sale

by admin477351

SoftBank has sold its Nvidia stake for $5.8 billion, shifting its focus from chip production to the AI-driven innovations of OpenAI. The sale highlights a growing trend among major investors to prioritize software-led intelligence over hardware infrastructure.

The company’s quarterly profits jumped to 2.5 trillion yen, more than doubling year-over-year. Gains were primarily driven by valuation increases in AI holdings, signaling SoftBank’s growing confidence in this sector.

CFO Yoshimitsu Goto emphasized that the move was part of a calculated plan. “We’re freeing up capital for our $30 billion OpenAI commitment. It’s about long-term positioning, not short-term trading,” he said.

Nvidia’s shares fell 3.5%, contributing to a mild sell-off across the Nasdaq. Arm and Micron also posted losses as investors digested what many see as a rotation from hardware to software in the AI landscape.

Market experts argue that SoftBank’s realignment underscores a fundamental change in the technology ecosystem. By backing OpenAI, it is betting on intelligence and creativity as the true future of value creation in the AI era.

You may also like