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SoftBank offloads entire $5.83 billion stake in Nvidia — firm sells off stock, cash will fund major investment in OpenAI, also in talks over Stargate

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SoftBank has confirmed it sold its entire stake in Nvidia in October, offloading 32.1 million shares for $5.83 billion. The disclosure came Tuesday alongside the Japanese conglomerate’s latest earnings report, which also revealed a $9.17 billion sale of T-Mobile US shares. Both moves form part of a broader strategy to reallocate capital into artificial intelligence ventures, among which is most notably a deepening alignment with OpenAI.

The stake sale severs a direct investment link between SoftBank…

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