Comment on SoftBank sells its entire stake in Nvidia for $5.83 billion
waigl@lemmy.world 1 week ago
Bullish news for nVidia? Softbank’s investment decisions sometimes seem to rival Jim Cramer’s advice…
Comment on SoftBank sells its entire stake in Nvidia for $5.83 billion
waigl@lemmy.world 1 week ago
Bullish news for nVidia? Softbank’s investment decisions sometimes seem to rival Jim Cramer’s advice…
Voroxpete@sh.itjust.works 1 week ago
Oh, this is absolutely full grade Softbank insanity.
They’re selling their stake in Nvidia… to go all in on OpenAI.
You can’t make this shit up. They’re so bullish on AI that they decided to sell their stake in the only company actually guaranteed to make money on this bullshit in order to throw it into Sam Altman’s money pit.
How Masayoshi Son still has money is completely beyond me at this point.