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TechFlow, Nov. 12 — SoftBank announced on Tuesday that it had fully exited its position in Nvidia while increasing investments in OpenAI. Rolf Bulk, an analyst at New Street Research, said, "I don't think SoftBank has a negative view of Nvidia. Nvidia's position was large, highly liquid, and easy to monetize. SoftBank likely sees greater benefits in reallocating capital to OpenAI." (Jinshi)
SoftBank said Tuesday it had sold its entire stake in Nvidia, further investing in OpenAI. New Street Research analyst Rolf Bulk stated, "I don't think SoftBank has a negative view on Nvidia; its position in Nvidia was large, liquid, and easily monetized. SoftBank may have seen greater benefits in reallocating funds to OpenAI." (Jinshi)
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