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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen5/30/2017 1:14:08 PM
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SoftBank Considers Raising Stake in U.S. Chipmaker Nvidia

SoftBank Group Corp., the Japanese company that raised a $93 billion fund for technology investments, is considering boosting its stake in chipmaker Nvidia Corp., people familiar with the matter said.

The firm would raise its holding over time and begin to work more closely with Nvidia, the people said, asking not to be identified because the deliberations are private.

“While we don’t comment on rumors about our investments, we consider ourselves long-term partners to companies, whether private or public,” SoftBank said in an emailed statement. Nvidia declined to comment.

bloomberg.com

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