SoftBank just did what every finance bro dreams of doing… sold Nvidia near the top and used the cash to YOLO into another AI venture.

New data shows that the Japanese money tree unloaded its entire 32-million-share stake in Nvidia for $5.83 billion in October… right before the stock dipped 2%. (Someone at SoftBank clearly set an alert for “sell before the bubble bursts.”) But before you assume Masayoshi Son has turned bearish on AI and will take that money to invest it in something more stable, relax. He’s not done eating risk… he’s just moved on to the dessert tray.

The Nvidia sale, a partial $9.17 billion exit from T-Mobile, and a fresh margin loan against its Arm Holdings stake are all part of Son’s $30-billion holiday shopping trip to fund new AI bets… headlined by a $22.5 billion injection into OpenAI.

(Source: Reuters)

SoftBank says the sale has nothing to do with losing faith in Nvidia… it’s about “asset monetization.” Yeah, and Jeff Bezos bought Whole Foods for the kale. What he really meant was: We needed cash, and Nvidia was up 2 trillion bucks since we bought it, so why not?”

Other shopping list items include a $6.5 billion buyout of U.S. chip designer Ampere Computing and ABB’s robotics unit for another $5.4 billion.  Because Masayoshi Son won’t rest until every chip, bot, and algorithm on Earth reports directly to him. World domination… but make it venture-backed.

If you feel like you’ve read an article about this before… you're not wrong. SoftBank first bought into Nvidia back in 2017 for $4 billion, sold it in 2019, bought back in 2020, and just dumped it again in 2025. Genius trading strategy: Buy calls and puts based on when Son buys and sells Nvidia (don’t blame me if you lose your mom’s house). Still, the move has paid off handsomely. SoftBank’s Vision Fund just booked a $19 billion gain and doubled quarterly profit to $16.2 billion. The company’s stock is up 78% over the past three months… its best run since 2005.

Of course, a big reason for those fat profits is OpenAI (because all roads somehow lead to Sam Altman). SoftBank’s CFO Yoshimitsu Goto bragged that OpenAI’s latest $500 billion valuation bump is helping justify the “all-in” pivot. SoftBank’s stake will jump from 4% to 11%, with room to grow… though Goto promised they’ll stop before they accidentally own the company.

Son’s also spearheading a $500 billion AI data-center project called Stargate (yes, like the movie) and whispering in Donald Trump’s ear about building a $1 trillion AI manufacturing hub in Arizona. 

Now as for the takeaway itself, some people are reading this as a sign that the “smart money” is about to yeet AI stocks straight into the ocean. Maybe it is… or maybe Son’s just obsessed with ruling the world with Sam Altman. But it’s not a good look for Jensen.

At the time of publishing this article, Stocks.News doesn’t hold positions in companies mentioned in the article.