ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

SoftBank plans to unload Nvidia stake

Japanese conglomerate stands to make $3bn on sale

Nvidia graphics cards at a store in California.   © Reuters

PALO ALTO, U.S. -- SoftBank Group is considering selling its stake in Nvidia early next year as the California-based graphics processor company's stock price continues to decline, Bloomberg reported Tuesday, citing unidentified sources.

According to the report, SoftBank could pocket $3 billion from the share sale. But no final decision has been made, and the Japanese company could hang on to its interest or sell only part of it.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more