Japanese investment giant SoftBank Group Corp has sold off all its remaining shares in the U.S.-based chip manufacturer Nvidia. From this divestment, SoftBank has secured approximately US$ 5.83 billion, equivalent to Rp 97.16 trillion, based on an exchange rate of Rp 16,666 per U.S. dollar.

SoftBank’s Chief Financial Officer, Yoshimitsu Goto, explained that the sale was part of the company’s asset monetization strategy. According to a source familiar with the matter, this move represents a major investment shift toward OpenAI, the company behind ChatGPT.

“We aim to create a wide range of investment opportunities for our investors while maintaining strong financial stability. Through various options and financial instruments, we ensure that we are well-prepared for funding in a highly secure manner,” Goto said, as quoted by CNBC on Wednesday, November 12, 2025.

In its financial report, SoftBank revealed that it had sold 32.1 million shares of Nvidia in October 2025. The company also divested part of its holdings in T-Mobile, worth US$ 9.17 billion.

“The sale of Nvidia shares, the partial sale of T-Mobile holdings, and the margin loan backed by SoftBank’s stake in Arm are all sources of funding to be used for a US$ 22.5 billion investment in OpenAI,” said a source with knowledge of the transaction.

Additionally, the source stated that the proceeds from these sales would also finance other projects currently being pursued by SoftBank, including the acquisition of ABB’s robotics unit.

“In our view, this move should not be interpreted as caution or a negative sentiment toward Nvidia. Instead, it reflects the fact that SoftBank needs at least US$ 30.5 billion in investment capital for the October–December quarter, including US$ 22.5 billion for OpenAI and US$ 6.5 billion for Ampere,” said Rolf Bulk, an Equity Research Analyst at New Street Research.