Catenaa, Tuesday, November 11, 2025- SoftBank Group sold its entire stake in Nvidia for $5.83 billion to help bankroll AI investments, even as investors question the amount of capital pouring into AI with uncertain returns.
Founder Masayoshi Son has been unwinding positions to pay for a plethora of AI projects, from Stargate data centers with OpenAI and Oracle to robot manufacturing sites in the US.
The Nvidia exit coincides with a growing debate about whether spending by big tech firms like Meta Platforms and Alphabet, expected to surpass $1 trillion in the coming years, will produce commensurate
Nvidia’s stock slid as much as 3.3% following the news report.
SoftBank is keen to become a leading player in that growing ecosystem, with plans to leverage stakes in sector linchpins such as OpenAI and US chip designer Ampere Computing.
On Tuesday, SoftBank executives sidestepped questions about whether the industry is fomenting an AI investment bubble and said the sale had nothing to do with Nvidia itself but was a necessary financing measure.
“I can’t say if we’re in an AI bubble or not,” Chief Financial Officer Yoshimitsu Goto said during an earnings conference on Tuesday. SoftBank sold Nvidia “so that the capital can be utilized for our financing,” he added, without elaborating.
SoftBank has sold out of Nvidia once before, in 2019. The company resumed buying small stakes in Nvidia in 2020, two years before the advent of ChatGPT ignited a historic rally.
It disclosed that it increased its stake in the US chipmaker to around $3 billion at the end of March. It’s done well just on that measure: Nvidia has gained more than $2 trillion of market value since.
