SoftBank sells its entire stake in Nvidia for $5.83 billion. On Tuesday

SoftBank announced that it sold all its shares of the American chip maker Nvidia for $5.83 billion as the Japanese giant seeks to profit from its "all in" bet on ChatGPT maker OpenAI.

According to the company's quarterly report, 32.1 million shares of Nvidia were sold in October. Additionally, it was reported that a portion of its stake in T-Mobile was sold for $9.17 billion.

Nvidia shares fell by 2% on Tuesday.

$BOB

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