Feng Huang Wang·2025-11-11 14:28Group 1 - SoftBank disclosed in its latest financial report that it has "liquidated its position in NVIDIA," generating $5.83 billion in funds [1] - The company also reduced its stake in T-Mobile, raising $9.17 billion [1] - SoftBank's last liquidation of NVIDIA shares occurred in 2019, where it invested $4 billion and made a net profit of $3 billion; however, if the shares had been held until now, the value would exceed $240 billion [1] Group 2 - SoftBank's CFO, Yoshimasa Goto, stated that the large investment in OpenAI necessitated the sale of shares to raise funds for further investment [1] - Following a financing agreement, SoftBank plans to invest an additional $22.5 billion in OpenAI upon its restructuring completion in December [1] - From April to September this year, SoftBank recorded investment gains of 3.92 trillion yen, with 2.15 trillion yen (approximately 99.2 billion yuan) attributed to the increase in OpenAI's valuation [1] Group 3 - Goto mentioned that it is currently impossible to determine whether AI investments are "bubble-like," emphasizing the importance of maintaining financial stability while seizing investment opportunities [1] - When asked if the decision to liquidate NVIDIA shares was based on valuation judgments, Goto refrained from commenting, stating that asset allocation adjustments are an inherent part of investment companies' operations [1]