Posts: 4,458
Threads: 904
Joined: Feb 2015
https://www.techpowerup.com/233753/softb...hareholder
Quote:It's surely a vote of confidence in the chip maker in the most direct language possible: Money. Furthermore, one has to ask if this is not the beginning of more investments from SoftBank in the future.
Posts: 4,458
Threads: 904
Joined: Feb 2015
https://www.techpowerup.com/252279/softb...-6-billion
Quote:Japan's Softbank is known for far-sighted strategic investments in the technology industry. It shook Silicon Valley this morning by announcing a sale of its entire NVIDIA shareholding, valued on December 31 at JPY 39.8 billion, or USD $3.6 billion. It's the worst possible time to be NVIDIA's CFO, with the company having shed over 50 percent in value in the wake of the crypto-currency fall, mediocre demand for RTX 20-series graphics cards, and "deteriorating economic conditions in China" for the company. NVIDIA recently trimmed its outlook for revenues from gaming hardware sales by $500 million, eroding more share value.
