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Wednesday, May 24, 2017

SoftBank quietly buys up $4 billion stake in Nvidia

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Japanese technology giant SoftBank has quietly purchased a stake in Santa Clara-based Nvidia that’s worth $4 billion, Bloomberg reports, citing unnamed sources. If accurate, it would make SoftBank Nvidia’s fourth-largest investor.

Over the weekend, SoftBank listed Nvidia among the investments it’s previously made, although it declined to say how much stock it holds.

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May 24, 2017 at 08:43PM

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