SoftBank recently sold its entire stake in Nvidia, netting nearly $6 billion in proceeds. SoftBank’s CEO, Masayoshi Son, explained that Nvidia stock is becoming too cheap to ignore. Despite selling its stake, Son still holds the chipmaker in high regard. SoftBank’s investments in AI infrastructure and other companies indicate its diverse AI focus.

Project Stargate, a joint venture between Oracle, SoftBank, and OpenAI, plans to invest $500 billion in AI infrastructure in the U.S. SoftBank also pledged $40 billion to OpenAI and invested in Intel and Nvidia. With acquisitions like Ampere Computing and ABB’s robotics division, SoftBank is diversifying its AI investments beyond Nvidia.

Nvidia’s stock has a forward P/E multiple of 24, causing concern among investors due to competition and valuation fears. Despite this, Nvidia remains well-positioned with partnerships with Anthropic, Palantir Technologies, and Nokia. Investors with a long-term horizon might see the current dip in Nvidia as an opportunity to buy and benefit from the unfolding AI infrastructure story.

Read more at Nasdaq: SoftBank CEO Masayoshi Son Just Delivered Incredible News to Nvidia Investors