SoftBank Group experienced a decline of up to 10% on Wednesday following the announcement of its complete divestment from U.S. chipmaker Nvidia for $5.83 billion. This move reflects the Japanese conglomerate’s strategy to leverage its significant investment in OpenAI, the creator of ChatGPT. SoftBank’s shares ended the trading session down by 3.46%, closing at 21,910. Read More
On Tuesday, Asia-Pacific markets experienced a decline, lacking significant catalysts, following the overnight increase of two major indexes driven by optimism in the technology sector. Amazon’s stock experienced a 4% increase following a $38 billion agreement with OpenAI, a strategic decision that will leverage hundreds of thousands of Nvidia’s graphics processing units. Nvidia experienced an Read More
