SoftBank Just Unloaded Its Stake in Nvidia for $5.8 Billion Right Before the Chip King Is Scheduled to Report Earnings. Does Its Billionaire CEO Masayoshi Son Know Something the Rest of Wall Street Doesn't?
Key Points Recent filings reveal that SoftBank sold its Nvidia stake for $5.8 billion. Nvidia is scheduled to report earnings on Nov. 19. While the timing of the sale is curious, there are some important variables to consider that pertain to SoftBank's other artificial intelligence (AI) investments. 10 stocks we like better than Nvidia › Given the unprecedented level of demand Nvidia (NASDAQ: NVDA) continues to witness from data centers for its graphics processing units (GPUs) and related service ...