In a move that jolted global markets, SoftBank Group Corp. confirmed it has sold all 32.1 million shares of Nvidia, worth approximately $5.8 billion, in October 2025. The sale was disclosed in SoftBank’s quarterly earnings and is intended to bankroll CEO Masayoshi Son’s aggressive push into artificial intelligence, including a reported $40 billion commitment to OpenAI and the $500 billion Stargate project aimed at expanding U.S. data center capacity Yahoo Republic World.
The timing of the sale has raised eyebrows, with analysts warning that it may signal peak AI hype. Nvidia shares dipped slightly following the announcement, and concerns have grown that valuations in the AI sector may be outpacing sustainable returns Blockonomi Yahoo Finance.
SoftBank’s AI strategy includes:
$22.5 billion earmarked for OpenAI
$6.5 billion for chipmaker Ampere
Potential involvement in a $1 trillion AI manufacturing hub in Arizona
Exploration of a takeover of Marvell Technology
This is SoftBank’s second full exit from Nvidia, having previously sold a $4 billion stake in 2019. The company also recently liquidated $9.17 billion in T-Mobile shares, part of a broader asset monetization strategy to maintain liquidity while pursuing high-risk, high-reward tech ventures Blockonomi.
The sale has intensified scrutiny of AI-related spending by tech giants like Meta, Alphabet, and Microsoft, with some investors and short sellers warning that the sector may be entering bubble territory.
