Founder Masayoshi Son is making his boldest move yet, directing SoftBank to sell its $5.8 billion stake in Nvidia. This capital is being aggressively repositioned to support a planned $30 billion investment in OpenAI, underscoring Son’s determination to lead the charge into the artificial intelligence frontier.
The financial results accompanying the news demonstrated the rationale: SoftBank’s profit had doubled, boosted significantly by the success of its existing investments in the dynamic AI sector. The returns already realized have provided the impetus for this monumental, forward-looking financial shift.
SoftBank’s CFO, Yoshimitsu Goto, provided the operational detail, confirming the Nvidia sale was purely for capital generation—a necessary step to fund the planned $30 billion OpenAI commitment. He stressed the move was “prudent” and not a judgment on Nvidia’s long-term business prospects.
The market immediately reacted to the magnitude of the decision. Nvidia’s stock fell 3.5%, causing a ripple effect that dragged down numerous other high-valuation technology stocks. Son’s latest bold maneuver has become the focal point of a wider debate on market concentration in the AI space.