SoftBank sold Nvidia shares for over $5.8 billion. Nvidia’s stock has surged quadruple digits in three years due to its AI business. SoftBank’s move doesn’t indicate weakness in Nvidia but a focus on other AI investments. Nvidia’s high valuation is justified by its dominance in the AI market. It’s still a great stock to hold for the long term.

Read more at Nasdaq: SoftBank Just Sold Its Entire Stake in Nvidia. Here’s the 1 Key Thing You Need to Know.