Jensen Huang says SoftBank's Masayoshi Son once offered to help him buy out Nvidia — but he passed [Business Insider]
SOFTBANK GRP UNSP/ADR (SFTBY)
NASDAQ:AMEX Investor Relations:
softbank.jp/en/corp/irinfo/presentations
Company Research
Source: Business Insider
Huang said he regretted turning him down, while Son bemoaned selling SoftBank's Nvidia stake early. Jensen Huang turned down the chance to buy out Nvidia , the microchip maker that's now the most valuable listed company worth $3.6 trillion. The Nvidia CEO and cofounder revealed the missed opportunity during a conversation with SoftBank CEO and founder Masayoshi Son at the chip giant's AI summit in Tokyo on Wednesday. Huang recalled that about a decade ago, Son told him the stock market didn't understand Nvidia's value, and his "journey of suffering" would continue for some time because he was "inventing the future." The Japanese tech investor gave him another option, according to a Bloomberg video of the pair's comments. Son "wanted to lend me money to buy Nvidia — all of it," Huang said. "Now I regret not taking you up," he said to Son. "That was a great idea." Son said he made the offer a month after SoftBank acquired Arm , a chip designer, for $32 billion in the fall o
Show less
Read more
Impact Snapshot
Event Time:
SFTBY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SFTBY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SFTBY alerts
High impacting SOFTBANK GRP UNSP/ADR news events
Weekly update
A roundup of the hottest topics
SFTBY
News
- Fortress Acquires Texas Hydraulics, Leading Hydraulic Solutions Company [Yahoo! Finance]Yahoo! Finance
- Indian e-scooter maker Ola Electric to lay off 500 employees, Moneycontrol reports [Yahoo! Finance]Yahoo! Finance
- SoftBank's Masayoshi Son Says Nvidia Stock Is Undervalued. Here's Another Artificial Intelligence (AI) Stock I Think Is a Better Bargain. [Yahoo! Finance]Yahoo! Finance
- Sleep Smarter: Eight Sleep, The World's First Sleep Fitness Company, Expands to the UAE [Yahoo! Finance]Yahoo! Finance
- Rajeev Misra's OneIM Upsizes to $8 Billion to Boost Investments [Yahoo! Finance]Yahoo! Finance