SoftBank Group Corp. has sold its entire stake in Nvidia Corp., earning about USD 5.8 billion as it prepares for a wave of ...
Masayoshi Son, the 68-year-old CEO of SoftBank, has a mixed track record when it comes to massive, high-stakes investments.
Given the unprecedented level of demand Nvidia ( NVDA +1.77%) continues to witness from data centers for its graphics processing units (GPUs) and related services, the company is widely regarded as a ...
The Japanese conglomerate's second-quarter results come a day after portfolio company Lenskart listed on public bourses ...
SoftBank converted part of its market gains into cash through the sale of its NVIDIA holding while reporting mixed ...
The move has further stoked concerns among some investors that the rally in artificial intelligence stocks was overdone.
SoftBank owns 90% of Arm Holdings, valued at $138B, and a 7.3% stake in T-Mobile. It exited WeWork post-bankruptcy and holds a small 0.04% share in Nvidia. SoftBank also invested in startups like ...
Nvidia shares dipped more than 2% to around $195 in premarket trading Tuesday, after the stock jumped 5.7% the previous ...
Nvidia became the most valuable company in the world by a near-perfect execution of the principle that during a gold rush, you should sell shovels. The chipmaker’s GPUs have become the shovels, picks, ...
SoftBank's $2 billion stake could help the chip maker gain customers and increase Intel's earnings per share, one analyst says SoftBank Chief Executive Masayoshi Son could bring valuable customers and ...
SoftBank posts surprise loss of $2.4 billion in third quarter as Vision Fund investments go into red
SoftBank Group posted a surprise quarterly loss Wednesday as investments under its Vision Funds fell into red. The Japanese company's revenue also missed analysts' estimates. Here are Softbank's ...
TOKYO (Reuters) -Japanese technology investor SoftBank Group on Thursday booked a net profit of $2.87 billion in the first quarter, driven by gains among larger listed investments in its Vision Fund ...
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