Nvidia has reportedly sold its entire stake in Arm Holdings. A report claims that the US chipmaker disposed of 1. 1 million shares in the UK-based chip technology company, which is majority-owned by SoftBank Group, for about $140 million in the fourth quarter of last year. This comes after the second-largest company in Japan sold all of its Nvidia shares for $5. 83 billion in October 2025 to finance its OpenAI investment. SoftBank reported in its November 2025 earnings that it sold 32. 1 million Nvidia shares and invested $30 billion in OpenAI, gaining an 11% stake in the company behind ChatGPT.
A Bloomberg report cited an Nvidia regulatory document to claim that the company does not presently own any shares in Arm.
Furthermore, a rather complex relationship between the two chip companies comes to an end with the sale of shares. In 2020, Nvidia consented to purchase Arm for $40 billion. In the semiconductor industry, this was one of the biggest acquisitions. Regulators and consumers opposed the deal, arguing that Arm’s independence was essential because its technology powers most of the world’s cutting-edge semiconductors. After the two parties ended the deal in February 2022, Arm went public.
Currently, Nvidia has become a significant investor across the technology industry, holding stakes in Intel, Nokia, CoreWeave, and Synopsys, and has committed to using its resources to accelerate the adoption of artificial intelligence computing.
What SoftBank said about selling its entire stake in Nvidia
During an investor presentation last year, Yoshimitsu Goto, SoftBank’s chief financial officer, said,
He added that the sales were part of the company’s broader strategy of
A person familiar with the matter told CNBC that proceeds from the Nvidia and T-Mobile share sales, along with a margin loan secured against SoftBank’s stake in Arm, will act as “sources of cash” to fund SoftBank’s planned $22.5 billion investment in OpenAI.
The funds are also expected to support other initiatives, including the acquisition of ABB’s robotics unit. The results come three years after SoftBank reported its largest-ever loss.
Although the move surprised some investors, it marks the second time SoftBank has exited Nvidia. Its Vision Fund invested around $4 billion in the chipmaker in 2017 before selling its entire stake in 2019.
In 2024, SoftBank founder Masayoshi Son said he viewed Nvidia as a missed opportunity after the firm sold its holding ahead of a sharp rise in the share price, describing it as
Until 2019, SoftBank was Nvidia’s largest shareholder, holding 4.9% of the company’s shares.
