SoftBank Cashes Out of Nvidia to Back AI Future with OpenAI

In a bold move reshaping global tech portfolios, SoftBank has exited its Nvidia position worth $5.8 billion to reinforce its growing alliance with OpenAI. The sale sparked investor debate over whether AI-driven valuations have peaked.
SoftBank’s quarterly profits soared to 2.5 trillion yen, thanks largely to its exposure to AI-related ventures. The group also sold a portion of its T-Mobile stake to accumulate funds for its next wave of AI bets.
Chief Financial Officer Yoshimitsu Goto clarified that financing OpenAI’s expansion required repurposing capital from earlier tech winners like Nvidia. “Our investment in OpenAI is very large—over $30 billion this year,” he said.
Markets reacted quickly: Nvidia shares fell 3.5% and Arm Holdings dropped 5.1%, signaling investor caution after one of the most spectacular stock runs in chip-sector history.