Japanese investment firm SoftBank reported second-quarter net profit of $16.6 billion, more than double its prior-year result. The company’s Vision Fund posted a $19 billion gain, largely from its OpenAI stake. According to TipRanks, SoftBank also sold its entire Nvidia position for $5.8 billion in October 2025. The firm plans to invest an additional $22.5 billion in OpenAI through Vision Fund 2 in December.
OpenAI Investment Drives Vision Fund Gains
SoftBank’s Vision Fund recorded an investment gain of ¥3.5 trillion in the quarter. The fund’s ¥2.16 trillion holding in OpenAI accounted for most of this increase. In October, the firm finalized a $30 billion investment in the ChatGPT creator. Revenue for the quarter reached ¥1.92 trillion, slightly above the ¥1.9 trillion estimate from LSEG. Net profit far exceeded the ¥207 billion forecast by three analysts surveyed by LSEG.
Strategic Portfolio Rebalancing
SoftBank sold 32.1 million Nvidia shares as part of a portfolio rebalancing aligned with its AI focus. The firm also liquidated part of its T-Mobile stake for $9.17 billion. This marks SoftBank’s second major exit from Nvidia. The company previously sold a $4 billion Nvidia stake in January 2019, before the chipmaker’s rise to a trillion-dollar valuation. SoftBank remains connected to Nvidia through the $500 billion Stargate project, which builds AI data centers using Nvidia GPUs.
AI and Robotics Expansion
SoftBank continues to expand its AI and semiconductor presence. The firm owns a majority stake in British chip designer Arm Holdings. It also holds major investments in OpenAI and Oracle. In a recent move, SoftBank acquired ABB’s robotics division for roughly $5.4 billion. The deal is expected to close by mid to late 2026. This acquisition marks a renewed focus on physical AI and robotics innovation.
SoftBank announced a four-for-one stock split at year-end to make shares more accessible to investors. Year-to-date, SFTBY stock has risen more than 150%. The stock fell last week as concerns about an AI bubble affected global markets. TipRanks‘ AI analyst rates SFTBY stock as Outperform with a price target of $84, suggesting 16% upside from current levels.
