Analyst: SoftBank's complete sale of Nvidia was not due to a negative outlook
ChainCatcher reported that SoftBank announced on Tuesday that it has fully divested from Nvidia and is further investing in OpenAI. Rolf Bulk, an analyst at New Street Research, stated, "I don't think SoftBank has a negative view on Nvidia. Their position in Nvidia was large, highly liquid, and easy to cash out. SoftBank may believe that reallocating funds to OpenAI offers greater benefits."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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