SoftBank Group Corp. (OTCPK: SFTBY) has raised over $15 billion by offloading its high-profile stakes in T-Mobile US Inc. (NASDAQ:TMUS) and Nvidia Corp. (NASDAQ:NVDA), as detailed in its fiscal second-quarter earnings report.
SoftBank Sells NVDA, TMUS To Fund AI Push
These sales are part of a continued financing initiative for large-scale investments, most notably its massive follow-on commitment to ChatGPT maker OpenAI.
The Japanese conglomerate sold its entire stake in U.S. chip designer Nvidia in October. This complete sale of 32.1 million shares, held by both SBG and its asset management subsidiary, fetched about $5.83 billion.
During the six months ending Sept. 30, 2025, it also completed a partial sale of its T-Mobile stake. This involved 40.2 million shares and fetched $9.17 billion in proceeds.
The earnings report highlights …
Full story available on Benzinga.com
SoftBank Group Corp. (OTCPK: SFTBY) has raised over $15 billion by offloading its high-profile stakes in T-Mobile US Inc. (NASDAQ:TMUS) and Nvidia Corp. (NASDAQ:NVDA), as detailed in its fiscal second-quarter earnings report.
SoftBank Sells NVDA, TMUS To Fund AI Push
These sales are part of a continued financing initiative for large-scale investments, most notably its massive follow-on commitment to ChatGPT maker OpenAI.
The Japanese conglomerate sold its entire stake in U.S. chip designer Nvidia in October. This complete sale of 32.1 million shares, held by both SBG and its asset management subsidiary, fetched about $5.83 billion.
During the six months ending Sept. 30, 2025, it also completed a partial sale of its T-Mobile stake. This involved 40.2 million shares and fetched $9.17 billion in proceeds.
The earnings report highlights …
Full story available on Benzinga.com
SoftBank Group Corp. (OTCPK: SFTBY) has raised over $15 billion by offloading its high-profile stakes in T-Mobile US Inc. (NASDAQ:TMUS) and Nvidia Corp. (NASDAQ:NVDA), as detailed in its fiscal second-quarter earnings report.
SoftBank Sells NVDA, TMUS To Fund AI Push
These sales are part of a continued financing initiative for large-scale investments, most notably its massive follow-on commitment to ChatGPT maker OpenAI.
The Japanese conglomerate sold its entire stake in U.S. chip designer Nvidia in October. This complete sale of 32.1 million shares, held by both SBG and its asset management subsidiary, fetched about $5.83 billion.
During the six months ending Sept. 30, 2025, it also completed a partial sale of its T-Mobile stake. This involved 40.2 million shares and fetched $9.17 billion in proceeds.
The earnings report highlights …Full story available on Benzinga.com Read MoreEquities, News, NVDA, SFTBY, TMUS, Futures, Asset Sales, Markets, Tech, NVDA, US67066G1040, TMUS, US8725901040, SFTBY, News, Equities, Futures, Asset Sales, Markets, Tech, Benzinga Markets
