日本科技投資巨頭軟銀集團近日成為全球金融市場的焦點。就在外界普遍擔憂「AI 概念股」估值過高、隨時可能泡沫化之際，軟銀卻突然出手，將所持有的「AI 晶片霸主」英偉達（NVIDIA）股份全部清空，套現約58.3億美元（約新台幣 1,900 億元、人民幣約415億元）。這一舉動不僅震撼市場，也引發外界對軟銀下一步戰略布局的高度關注。

根據軟銀於週二公布的2025財年第二季度（截至9 月底）財報顯示，公司本季度的淨利潤高達2.5兆日圓（約合162億美元），遠遠超出分析師平均預期的 4,182 億日圓。這份亮眼成績主要得益於其在人工智慧領域的積極投資，包括旗下願景基金（Vision Fund）對多家AI新創企業的持股收益。

值得注意的是，這次英偉達持股出售尚未反映在該季度的財報中。根據軟銀披露，其在10月已將手中約3,210萬股英偉達股票全部售出，總價值約58.3億美元。不過公司並未說明出售的具體原因，也未透露未來是否會再度投資英偉達或其他半導體公司。市場分析人士認為，軟銀此舉可能出於鎖定利潤、調整投資組合的考量，尤其是在英偉達股價年內飆升超過兩倍的背景下，清倉離場無疑確保巨額回報。

除了強勁的財報表現，軟銀還宣布自2026年1月1日起實施「1 比 4」股票拆分，以增加流動性並吸引更多散戶投資者。這一消息同樣受到市場正面解讀。目前，軟銀的投資組合涵蓋全球多家最具代表性的人工智慧企業，其中包括ChatGPT開發商OpenAI等。這些高成長公司的股權持有，讓軟銀在AI熱潮中佔據關鍵位置。隨著相關資產估值不斷上升，軟銀的股價在截至 9 月底的三個月內大漲 78%，創下自 2005 年第四季度以來的最佳單季表現。

業界普遍認為，軟銀此次拋售英偉達並非看空AI 產業，而是象徵其戰略進入新階段——從被動持股轉向主動布局，透過多元投資掌握 AI 生態鏈的核心環節。未來，隨著 OpenAI、Arm 以及其他新興 AI 公司不斷成長，軟銀仍有望在這場全球人工智慧競賽中扮演關鍵推手。

Japan’s tech investment giant SoftBank Group has once again shocked global markets. Amid growing concerns over inflated valuations in AI-related stocks, the company made a surprising move — completely selling off all its shares in NVIDIA, the world’s leading AI chipmaker, cashing out approximately $5.83 billion USD (about ¥415 billion RMB). The decision has drawn intense attention as investors try to decipher SoftBank’s next strategic steps in the fast-evolving AI landscape.

According to SoftBank’s financial results released on Tuesday for the second quarter of fiscal year 2025 (ending in September), the company reported a net profit of ¥2.5 trillion (roughly $16.2 billion USD), far exceeding analysts’ average estimate of ¥418.2 billion. This strong performance was primarily driven by robust returns from its aggressive investments in artificial intelligence, including the Vision Fund, which holds stakes in numerous fast-growing AI startups.

Notably, the NVIDIA sale has not yet been reflected in the company’s second-quarter financial report. SoftBank disclosed that it had sold approximately 32.1 million NVIDIA shares in October, with a total value of $5.83 billion USD, but did not specify the reason for the sale or whether it plans to reinvest in NVIDIA or other semiconductor firms. Analysts suggest that the move was likely aimed at locking in profits after NVIDIA’s stock price surged more than twofold this year, representing a strategic rebalancing of SoftBank’s investment portfolio.

In addition to the blockbuster earnings, SoftBank also announced a 1-for-4 stock split effective January 1, 2026, in an effort to improve stock liquidity and attract more retail investors.

Currently, SoftBank’s investment portfolio includes some of the most sought-after AI companies in the world — notably OpenAI, the developer of ChatGPT. These holdings have generated significant unrealized gains and fueled SoftBank’s stock price, which soared 78% over the three months leading up to September, marking its best quarterly performance since 2005.

Market observers generally believe SoftBank’s sell-off of NVIDIA shares does not signal pessimism about the AI sector. Instead, it reflects a strategic pivot — shifting from passive equity holdings to more active participation in the AI ecosystem. As companies like OpenAI and Arm continue to expand their global influence, SoftBank remains well-positioned to play a central role in shaping the next phase of the global AI revolution.