SoftBank Group (SFTBY) disclosed when reporting Q3 earnings that it sold its entire holdings in Nvidia (NVDA) for $5.8B in October. SoftBank held 32.1M shares of Nvidia. “I can’t say if we’re in an AI bubble or not,” SoftBank CFO Yoshimitsu Goto said during an earnings conference call. SoftBank sold Nvidia “so that the capital can be utilized for our financing,” he added.
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