Home / Business and Economy / Nvidia Shareholder SoftBank Cashes In $5.8B Stake, Fueling AI Boom
Nvidia Shareholder SoftBank Cashes In $5.8B Stake, Fueling AI Boom
13 Nov
Summary
- Senate secures vote to end 41-day government shutdown
- SoftBank sells entire $5.8B stake in Nvidia to fund AI projects
- AI stock CoreWeave misses 2025 revenue forecast, shares drop
As of November 13th, 2025, the government shutdown that has lasted for 41 days is finally coming to an end. The Senate secured another vote needed to pass the funding bill, which is now headed to the House and expected to be signed by President Trump this week. While this is a relief for investors, the key focus will now shift to tallying up the economic damage done, with the Congressional Budget Office estimating a 1.5 percentage point reduction in Q4 GDP.
In other news, the Japanese investment firm SoftBank Group Corp. has cashed in its entire $5.8 billion stake in Nvidia Corp. to fund other projects in the Artificial Intelligence (AI) and data center space. This move comes as SoftBank's portfolio includes investments in red-hot private tech companies like OpenAI, Perplexity AI, and ByteDance, suggesting the firm is doubling down on the AI boom.
However, not all AI stocks are faring well. CoreWeave Inc. failed to meet its Q3 earnings expectations and forecast revenue of $5.05 billion to $5.15 billion for 2025, missing analyst estimates of $5.29 billion. This has sent the data center darling's shares lower in early trading. The mixed performance in the AI sector indicates that the "AI Boom/AI Bubble" debate is far from over, and the technical outlook for these stocks is now cloudier than it was several months ago.
