SoftBank sells its entire Nvidia stake for $7.6 billion, stirring fresh AI bubble fears
NEW YORK - SoftBank Group’s sale of its entire US$5.8 billion (S$7.6 billion) stake in AI chip giant Nvidia jolted stock markets on Nov 11, stoking fears that the frenzy around artificial intelligence may have peaked, especially after recent warnings from Wall Street bank chiefs and a famed short seller.
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