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Explained: Why did SoftBank sell entire Nvidia stake for $5.8 billion? | Business News

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Business Standard

Explained: Why did SoftBank sell entire Nvidia stake for $5.8 billion? | Business News

Japanese tech conglomerate SoftBank has sold its entire stake in Nvidia for $5.83 billion, marking a major shift in its investment portfolio. The sale comes as SoftBank posts stronger-than-expected profits, driven by its growing focus on artificial intelligence and strategic exits from major holdings.

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