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SoftBank plans Nvidia stake sale soon, could make about $3 billion - Bloomberg

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Reuters TOKYO
Last Updated : Dec 12 2018 | 5:55 AM IST

TOKYO (Reuters) - SoftBank Group Corp is planning to sell its stake in Nvidia Corp early next year as the U.S. chipmaker's shares slide, Bloomberg reported, citing people familiar with the matter.

The Japanese company could make about $3 billion in profit from the transaction, the report said.

(Reporting by Chang-Ran Kim; Editing by Stephen Coates)

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First Published: Dec 12 2018 | 5:40 AM IST

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