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SoftBank tanks 10% after $5.8-bn Nvidia stock sale

SoftBank has sold its entire stake in chip giant Nvidia for $5.8 billion. This move aims to generate cash for significant artificial intelligence investments. These include the ambitious US megaproject Stargate. SoftBank is a key investor in OpenAI, the creator of ChatGPT. The company reported a substantial profit increase in its latest quarter.

Source :- Markets-Economic Times Read More

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