SoftBank just sold its entire $5.83 billion stake in Nvidia but I'm sure it'll all feed back into Team Green's pockets before long

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That's one big horse to bet against.

Jensen Huang holding aloft a Nvidia GeForce RTX 5060 graphics card alongside a similarly powered MSI laptop at Nvidia's Computex 2025 keynote.
(Image credit: Nvidia)

SoftBank is the world's biggest technology investment management group, and it's just pulled its entire $5.83 billion stake out of Nvidia, according to Bloomberg. It has reportedly sold all these shares to help bankroll its continued investments into AI.

This was followed by its own share price sliding, but that's only by a few dollars so far, putting the company back to where it was just a few days ago, before a climb after reporting its stellar profits of over $16 billion [PDF warning] yesterday.

Nvidia CEO Jensen Huang holding the first Blackwell Wafer to come out of TSMC Arizona, next to the TSMC Arizona CEO and other execs.

Nvidia CEO Jensen Huang holding the first Blackwell Wafer to come out of TSMC Arizona, next to the TSMC Arizona CEO and other execs. (Image credit: Nvidia)

The thing is, though, all these companies seem to feed back into each other, so I'm not sure it will ultimately make much difference to Nvidia—which is still the richest company in the world, by the way, with a market cap of over $4.6 trillion at the time of writing.

Any AI provider that SoftBank ends up investing in will almost certainly use Nvidia Blackwell GPUs, so in some ways, this is just an indirect reinvestment into Nvidia. It is, of course, not that straightforward, as purchasing a company's products isn't the same as buying its stocks, but the money is still flowing in Team Green's direction.

Many believe that the AI industry is a bubble, and that this bubble may, indeed, burst. And a big part of what contributes to the idea that it's a bubble is this interrelated nature of investment within the industry. That Nvidia might indirectly benefit from SoftBank's diverted investments isn't quite the same as this, though, because that relationship isn't circular in the same way that Nvidia investing in OpenAI and OpenAI buying Nvidia's GPUs is.

Whatever the case, I don't think we need to worry about Nvidia. The 'small indie company' joke is overused but very apt, here: the company will be just fine.

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Jacob Fox
Jacob Fox
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Jacob got his hands on a gaming PC for the first time when he was about 12 years old. He swiftly realised the local PC repair store had ripped him off with his build and vowed never to let another soul build his rig again. With this vow, Jacob the hardware junkie was born. Since then, Jacob's led a double-life as part-hardware geek, part-philosophy nerd, first working as a Hardware Writer for PCGamesN in 2020, then working towards a PhD in Philosophy for a few years while freelancing on the side for sites such as TechRadar, Pocket-lint, and yours truly, PC Gamer. Eventually, he gave up the ruthless mercenary life to join the world's #1 PC Gaming site full-time. It's definitely not an ego thing, he assures us.

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