Several big investors, including State Street, Bridgewater Associates, and T. Rowe Price, have sold part of their NVDA stakes in the last few quarters. This is mostly because they want to keep their portfolios from being too concentrated following Nvidia’s spectacular run.

SoftBank has confirmed it sold its entire stake in Nvidia in October, offloading 32.1 million shares for $5.83 billion. The disclosure came Tuesday alongside the Japanese conglomerate’s latest earnings report.

Asia-Pacific markets mostly climbed Wednesday, after Wall Street traded mixed on hopes of the U.S. government shutdown ending and a pullback in AI stocks.

US saw updates from Nvidia’s stake sale, Wendy’s closures, ADP jobs data, Trump’s remarks, CFPB ruling, and AMD’s AI outlook.

SoftBank has exited Nvidia for about €5.4bn and, after reporting a €14bn quarterly profit, said it will redirect capital into AI investments.View on euronews

SoftBank’s exit comes at a time when the market is increasingly questioning whether the billions flowing into AI infrastructure will translate into sustainable returns.

Japanese firm SoftBank said Tuesday that it sold all of its stake in Nvidia for $5.83 billion. Nvidia shares slipped nearly 2% in premarket trading this morning.