FILE PHOTO: The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. REUTERS/Tyrone Siu/File Photo
December 12, 2018
TOKYO (Reuters) – SoftBank Group Corp <9984.T> is planning to sell its stake in Nvidia Corp <NVDA.O> 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)
