SoftBank sold its entire $5.83 billion stake in Nvidia and part of its T-Mobile stake for $9.17 billion to fund investments, including a $22.5 billion commitment to OpenAI.

The company emphasized that the sales were part of a broader asset monetization strategy and not due to concerns about AI valuations.

SoftBank has previously cashed out of Nvidia but continues to rely on its technology for various AI projects, such as the $500 billion Stargate data center initiative.

Analysts stressed that the move is driven by funding needs rather than a shift in strategy or a negative view of Nvidia, CNBC has reported.

Overall, the sales provide capital for other ventures while allowing SoftBank to maintain financial strength.