SoftBank sells its entire stake in Nvidia for $5.83 billion

SoftBank sells its entire stake in Nvidia for .83 billion

Nvidia CEO Jensen Huang (L) and the CEO of the SoftBank Group Masayoshi Son pose during an AI event in Tokyo on November 13, 2024.

Akio Kon | Bloomberg | Getty Images

Japanese giant SoftBank said Tuesday it has sold its entire stake in tech giant Nvidia for $5.83 billion.

The firm said in its earning statement that it sold 32.1 million shares of Nvidia in October. It also sold off part of its stake in T-Mobile for $9.17 billion.

SoftBank’s investments in ChatGPT maker OpenAI and PayPay helped the Japanese giant post a $19 billion gain on its Vision Fund in its fiscal second quarter.

This is a breaking news story. Please refresh for updates.

Source

Technology

Jim Cramer: Tesla is a buy after hearing what Elon Musk said on the earnings call

April 23, 2026

CNBC’s Jim Cramer on Thursday called Tesla a buy following its latest earnings and what Elon Musk said on the call. “As someone who is looking at all the other technologies, I would be a buyer of Tesla today,” Cramer said on ” Squawk on the Street .” He argued that investors focused on near-term […]

Technology

Microsoft plans first voluntary employee buyout in company’s 51-year history

April 23, 2026

A view of a Microsoft office in Shanghai, China, on April 8, 2025. Ying Tang | Nurphoto | Getty Images Microsoft will offer voluntary buyouts to a small percentage of its workforce, a first for the 51-year-old software giant, as the tech industry grapples with major changes sparked by the artificial intelligence boom. The one-time […]

Technology

Tesla shares fall after results. But this market speculation may keep the stock afloat for a while

April 23, 2026

Tesla shares were lower after its first-quarter earnings announcement on Wednesday on the company’s bigger-than-anticipated cap-ex expansion, but Wall Street is buzzing about speculation that could keep a bid under the stock for the near future. The chatter is about a potential merger with SpaceX, Elon Musk’s breakout rocket company that is set to go […]