SoftBank sells stake in Nvidia for $5.8bn as it doubles down on OpenAI bets

<p>Shares in chipmaker Nvidia fall after announcement by Japanese investor, with other tech shares also slipping</p><ul><li><p><a href="https://www.theguardian.com/business/live/2025/nov/11/pound-falls-uk-unemployment-four-year-high-stock-markets-ftse-100-business-live-news">Business live – latest updates</a></p></li></ul><p>The Japanese technology investor SoftBank intensified the debate about valuations in the artificial intelligence world on Tuesday by revealing it had sold its stake in the chipmaker Nvidia.</p><p>In its latest quarterly results, SoftBank showed it had sold its shares in Nvidia for $5.8bn (£4.4bn) in October, as it doubles down on its <a href="https://www.theguardian.com/technology/2025/jan/30/softbank-in-talks-to-invest-up-to-25bn-in-openai-chatgpt">bets on OpenAI</a>, the group behind the ChatGPT chatbot. It also reported that second-quarter net profit more than doubled to 2.5tn yen (£12.2bn), driven by valuation gains in its OpenAI holdings.</p> <a href="https://www.theguardian.com/business/2025/nov/11/softbank-sells-stake-in-nvidia-as-it-doubles-down-on-openai-bets">Continue reading...</a>