Nvidia, stock and superstars
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Nvidia recently disclosed visibility into more than $500 billion in revenue through the end of next year. Plus, its recent lagging stock performance suggests “a lower bar for execution.”
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Nvidia's 'one team' culture means no special treatment: VPs fly coach, and assistants are limited
Despite a $4 trillion market cap, Nvidia's "one team" company culture and flat org structure mean VPs fly coach and many executives lack assistants.
Nvidia is unlikely to announce a stock split on Nov. 19. However, there are plenty of other reasons to be excited about Nvidia's prospects, and it's worth considering buying now as a result.
See why Nvidia Corporation is rated a Strong Buy for 2026, with solid AI growth, strong industry demand, and bullish revenue forecasts. Click for my NVDA update.
Several big investors, including State Street, Bridgewater Associates, and T. Rowe Price, have sold part of their NVDA stakes in the last few quarters. This is mostly because they want to keep their portfolios from being too concentrated following Nvidia’s spectacular run.
Nvidia shares dipped more than 2% to around $195 in premarket trading Tuesday, after the stock jumped 5.7% the previous trading session. SoftBank stated in its earnings report that it sold 32.1 million Nvidia shares in October for $5.83 billion, separately disclosing it had sold 40.2 million T-Mobile shares.
The company reported its quarterly net profit more than doubled, driven by gains from its investment in the ChatGPT maker.
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Japan’s SoftBank says it has sold its shares in Nvidia for $5.8 billion, turning its focus to OpenAI
Japanese technology giant SoftBank says it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments.
Surprisingly, this isn’t the first time Softbank has cashed out of the chipmaker. The company had accumulated a $4 billion stake in Nvidia before deciding to sell it in 2019. SoftBank founder and CEO Masayoshi Son said last year he regretted exiting that investment,
Softbank sold its stake in Nvidia for $5.83 billion to focus on artificial intelligence, the company said Tuesday. Nvidia shares dipped slightly.
Son’s company now boasts a portfolio that includes some of the world’s most sought-after names in AI: OpenAI and Oracle. Those stakes boosted SoftBank’s paper gains and helped drive a 78% surge in its share price over the three months ending in September — its best such performance since the December quarter of 2005.
The U.S. and China are in an arms race over AI, which can deliver military and economic advantages. America’s edge is that the world’s top AI chip company, Nvidia, is based in California. Since 2022, China has been barred from buying the most advanced U.S. semiconductors over national-security concerns.