On November 11, 2025, SoftBank Group unveiled its financial report, revealing that it had offloaded all 32.1 million NVIDIA shares it possessed in October 2025, pocketing a hefty US$5.83 billion (equivalent to roughly RMB 41.5 billion). This share - selling move wasn't accounted for in the second - quarter financial report, and the company remained tight - lipped about the motivation behind the sale.
In the same breath, SoftBank declared its intention to pour an extra US$22.5 billion into OpenAI. It plans to finalize the entire investment in December via SoftBank Vision Fund 2.
SoftBank's Chief Financial Officer, Yoshimitsu Goto, clarified that the sale of NVIDIA shares was aimed at amassing funds for financing purposes. He also stressed that the company is keen on presenting substantial investment prospects for investors while simultaneously upholding financial stability.
Analyst Rolf Bulk is of the opinion that SoftBank's decision to completely divest its NVIDIA shares wasn't fueled by negative outlooks. Instead, he believes it was driven by the conviction that redirecting funds to OpenAI would generate more substantial returns.
