Softbank boosts AI bets with Nvidia, Tempus AI, among other buy/sells in Q1
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- Increasing bets on AI, Softbank Group (OTCPK:SFTBY) (OTCPK:SFTBF) boosted its stake in Nvidia (NASDAQ:NVDA) and took a new stake in Tempus AI (NASDAQ:TEM) with ~5.41M shares during Q2, according to its 13F filing.
- The company’s holdings in Nvidia (NVDA) jumped to 10.5M shares from 1.05M at March 31, 2024. Meanwhile, its stake in Full Truck Alliance (NYSE:YMM) rose to 1.52M shares from 1.46M shares.
- Softbank (OTCPK:SFTBY) trimmed its stakes in IonQ (NYSE:IONQ) to ~1.87M shares from 2.63M and in T-Mobile US (NASDAQ:TMUS) to 85.4M shares from 92.1M, according to the filing.
- It no longer holds a stake in Airspan Network Holdings (OTC:MIMOQ), which filed for Chapter 11 bankruptcy in April.