孙正义，清空英伟达

Core Viewpoint - SoftBank Group has completely liquidated its holdings in NVIDIA, cashing out approximately $5.8 billion (around 41.5 billion RMB), leading to a significant drop in NVIDIA's stock price and market capitalization [4][10]. Group 1: SoftBank's Investment Journey - A year ago, Masayoshi Son expressed regret over selling NVIDIA shares, highlighting a missed opportunity [8]. - In 2016, SoftBank acquired ARM for $32 billion and attempted to buy NVIDIA, but the proposal was rejected by NVIDIA's CEO Jensen Huang [9]. - SoftBank initially bought NVIDIA shares in 2017 for $4 billion, becoming one of its largest shareholders, but sold them two years later for $7 billion due to the need to lock in returns [9]. Group 2: Recent Developments and Financial Performance - SoftBank's investment in NVIDIA surged to $3 billion by March 2023, capitalizing on NVIDIA's stock performance, which had increased over tenfold in a year [10][12]. - The decision to sell all NVIDIA shares in October 2023 surprised the market, as it was seen as a strategic exit at a high point [10]. - SoftBank's Vision Fund reported a significant profit, with a net profit of 2.5 trillion yen (approximately $16 billion) in Q2, driven by investments including OpenAI [12]. Group 3: AI Bubble Concerns - There are growing concerns about a potential AI bubble, with significant market corrections anticipated in the near future [5][16]. - Major financial figures, including Jamie Dimon, have warned about the risks associated with inflated asset prices in the AI sector [16]. - The AI investment landscape has seen a surge, with venture capital investments reaching $160 billion in the first three quarters of 2023, raising questions about sustainability [17][18].