$4b Stake SoftBank takes in Nvidia

SoftBank

Group Corp has quietly amassed a $4 billion (Dh14.7 billion) stake in Nvidia Corp, making it the fourth-largest shareholder in the graphics chipmaker, according to people familiar with the situation.

The Japanese company, which just closed its Vision Fund, disclosed it owned an unspecified amount of Nvidia stock when it announced $93 billion in commitments to the technology investment fund on Saturday. (Bloomberg)