SoftBank CEO Masayoshi Son Just Delivered Incredible News to Nvidia Investors

• Last month, SoftBank sold its full presumption successful Nvidia.

• During a caller interview, SoftBank's CEO explained the rationale down that sale.

• Nvidia banal is becoming excessively inexpensive to ignore.

• 10 stocks we similar amended than Nvidia ›

Masayoshi Son is simply a legendary capitalist from Japan, champion known for founding the technology-focused holding institution SoftBank Group. With hundreds of billions successful assets nether management, SoftBank hasn't been shy astir getting progressive successful the artificial quality (AI) revolution.

Perhaps unsurprisingly, the concern steadfast took a sizable presumption successful Nvidia (NASDAQ: NVDA) implicit the past respective years, and benefited handsomely from the spot designer's power successful the AI landscape.

However, past month, investors learned that SoftBank had sold its full involvement successful Nvidia -- netting astir $6 cardinal successful proceeds. While this determination initially led immoderate to question whether SoftBank had mislaid assurance successful Nvidia, Son precocious enactment those fears to rest.

Earlier this month, an enactment called the Future Investment Initiative held a acme successful Tokyo that featured a fig of concern leaders and entrepreneurs. During 1 of the presentations, Son was asked astir the rationale down SoftBank's merchantability of Nvidia stock.

He got consecutive to the point, replying that helium respects Nvidia's visionary CEO, Jensen Huang. He followed up by saying helium hadn't wanted to merchantability a "single share" and joked that helium was "crying" implicit the concern decision.

To me, it sounds similar Son inactive thinks rather highly of the chipmaker. While this should easiness shareholders' concerns, we inactive request to uncover precisely wherefore SoftBank yet decided to marque this pugnacious decision.

Shortly aft the inauguration of President Donald Trump backmost successful January, a tiny squad of concern leaders assembled astatine the White House to denote Project Stargate. In essence, it's a associated task betwixt Oracle, SoftBank, and OpenAI that is expected to put $500 cardinal into gathering AI infrastructure successful the U.S. implicit the adjacent 4 years.

Alongside this initiative, SoftBank pledged to put up to $40 cardinal successful OpenAI. According to SoftBank's filings, the money is expected to marque a $22.5 cardinal concern into the ChatGPT developer by the extremity of the year, bringing its full to $30 billion.

In addition, SoftBank invested $2 cardinal successful Intel successful August. This woody was followed up by a consequent $5 cardinal committedness from Nvidia to Intel successful September.