Japan’s SoftBank to sell its stake in Nvidia

SoftBank could make as much as $3 billion from this potential sale.

Bloomberg has cited sources familiar with the matter at hand as saying, SoftBank Group Corp plans on selling its stake in Nvidia Corp in early 2019.

One of the reasons cited for this plan is the downward tread of Nvidia’s shares.

SoftBank is likely to make nearly $3 billion in profit from this potential sale, stated the report.


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