SoftBank offloads entire Nvidia stake for $5.8 billion in surprise move| Business News

SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.8 billion ahead of a rash of planned investments by founder Masayoshi Son to build his own sphere of influence supporting artificial intelligence. SoftBank CEO Masayoshi Son. (Reuters) The Tokyo-based company had raised its stake in Nvidia to about $3 billion by the end […]