SoftBank Dumped Its NVIDIA Stock

cageymaru

cageymaru

Fully [H]
Joined
Apr 10, 2003
Messages
21,910
The SoftBank Vision Fund has become soft on NVIDIA as it has reportedly sold all of the $3.63 billion in shares it had invested in the company. NVIDIA has seen its share price cut in half over the past 4 months and recently cut its financial guidance for Q4 2019.

In its third-quarter earnings release on Wednesday, SoftBank said its fund, which invests in technology ventures, had "disposed its entire holding of Nvidia shares." The position was valued at $3.63 billion as of December 31. The Vision Fund, which is backed by investments from SoftBank as well as Saudi Arabia's sovereign wealth fund, launched in 2017 with more than $90 billion in capital. Its other investments include Uber Technologies, WeWork and British chip designer ARM.
 
wow! This a huge testament to the market of NVIDIA and they pretty much lost a bunch by doing this in just a couple of months.
 
p.i.m.p said:
shut up lol
Click to expand...

No way! LoL with wod spreading saying they underestimated the reliance on cryptominers for card purchases, I wouldn't put it past any company "Nvidia in this instance" attempt to release a new cryptocurrency via a third party that could only be efficiently mined via their latest generation GPUs.

Now the big question, will their stock hit rock bottom like AMD/ATI and then recover making a bunch of people a lot of money?
 
more good news for jensen yay!
soon the leather jacket will dump his arse too...

Galvin said:
Classic noob mistake is selling the bottom, grats
Click to expand...
what bottom ?, you think 150$ a share is bottom ? the normal price is around 50$, what happened the last year was pure non sense, and stock will ajust to 50$ again, so imo is not a noob move but simple common sense, the noobs are the ones waiting for it to get back to 250$ again...
 
Last edited:
alamox said:
more good news for jensen yay!
soon the leather jacket will dump his arse too...


what bottom ?, you think 150$ a share is bottom ? the normal price is around 50$, what happened the last year was pure non sense, and stock will ajust to 50$ again, so imo is not a noob move but simple common sense, the noobs are the ones waiting for it to get back to 250$ again...
Click to expand...

You think SoftBank knows better than Galvin?

I really don't want it at 50, though. I want them to do good. Golden showers aren't cheap
 
alamox said:
more good news for jensen yay!
soon the leather jacket will dump his arse too...


what bottom ?, you think 150$ a share is bottom ? the normal price is around 50$, what happened the last year was pure non sense, and stock will ajust to 50$ again, so imo is not a noob move but simple common sense, the noobs are the ones waiting for it to get back to 250$ again...
Click to expand...

Stocks been dropping for months, I think its a buyers market. You buy when everyone is selling
 
Problem is SoftBank is notorious for investing in companies, getting a big bump in price, and selling for huge profit. Risk/reward. Just look at their $100B portfolio.

Softbank even got some journalist grief for their investment in 2016/2017. It isn't their MO to buy into companies like NV.

The minute they start to lose money they knee jerk and bail.

With regard to NV, their investment was initially $4B and rose to $5B before the earnings report. The drop cost them almost $0.4B from their initial investment. So they punched out rather than wait. The slow quiet sell off was to keep the price high.
 
  • Like
Reactions: Nobu
like this
Galvin said:
Classic noob mistake is selling the bottom, grats
Click to expand...

dgz said:
You think SoftBank knows better than Galvin?

I really don't want it at 50, though. I want them to do good. Golden showers aren't cheap
Click to expand...
dude Nvidia have been sub 40$ for all it's life up to 2016, then crypto hit, AMD gave up high end, then stock rockets to 230$, wtf ?
crypto is dead, AMD getting back with navi this year, Intel is throwing it's gloves in the ring, the stock will fall and adjust around 50$ by the same time next year i have no doubt about that.

Cr4ckm0nk3y said:
Problem is SoftBank is notorious for investing in companies, getting a big bump in price, and selling for huge profit. Risk/reward. Just look at their $100B portfolio.

Softbank even got some journalist grief for their investment in 2016/2017. It isn't their MO to buy into companies like NV.

The minute they start to lose money they knee jerk and bail.nies like NV.

The minute they start to lose money they knee jerk and bail.

With regard to NV, their investment was initially $4B and rose to $5B before the earnings report. The drop cost them almost $0.4B from their initial investment. So they punched out rather than wait. The slow quiet sell off was to keep the price high.
Click to expand...

I love how you make 400million $ sounds like nothing...they only lost 0.4 and bailed
 
when nvidia has problems i am content.
when nvidia loses money my life is enriched.
when nvidia does bad i feel good. when nvidia is sad,
then i am happy.
their failure is my success.
i hope more terrible nvidia news follows this,
i will read it with joyful eyes.

*bongo drums*
 
seeing that Softbank just reported a 60% increase in their quarterly profits, they probably had a pretty hefty short hedge that they profited on immensely to make up for the loss from their original 4 billion investment.
 
alamox said:
I love how you make 400million $ sounds like nothing...they only lost 0.4 and bailed
Click to expand...

I didn't minimize the amount or their loss. They lost $400M and freaked out. It was a shit ton of money for them and goes against their investment strategy so they punched out.

What do YOU think they should have done?
 
Meh, a couple of mistakes and the speculators have the hammer out.

This is a correction, the crypto bubble has all kinds of numbers on the cuckoo glue.
 
Still up 2% today. Just yesterday Mubadala sold 34 million shares of AMD, which I hold, and that news freaked me out a little, but they are holding.
just readjusting portfolios i guess.

I was hoping to get a 2080 or ti for 600 to 700, but no way am i going higher. Most expensive card to date for me was 400.
 
wow crypto took all theses investment houses for a ride how did any of them think numbers like that were going to last? its not really NV's fault here any one with a brain knew the crypto markert was fucking with sales numbers
 
Cr4ckm0nk3y said:
I didn't minimize the amount or their loss. They lost $400M and freaked out. It was a shit ton of money for them and goes against their investment strategy so they punched out.

What do YOU think they should have done?
Click to expand...
Sue jensen for 400mil$ :D
 
alamox said:
dude Nvidia have been sub 40$ for all it's life up to 2016, then crypto hit, AMD gave up high end, then stock rockets to 230$, wtf ?
crypto is dead, AMD getting back with navi this year, Intel is throwing it's gloves in the ring, the stock will fall and adjust around 50$ by the same time next year i have no doubt about that.
Click to expand...


Yeah, no, I doubt that very much. I have major doubts about Navi, doubt AMD's GPU R&D budget was big enough to make up the ground so quickly, and Intel isn't gonna come in with a show stopper right out the gates to put much of a dent in Nvidia's market share.

Over time AMD will make up the ground and Intel will slowly carve it's own piece of the pie, but it isn't gonna happen in one years time.

Nvidia's stock prices will continue to trend down over time until the next big crypto boom IMO.

The secret sauce here based on my uneducated opinion, is gonna be to hold off on buying Nvidia stock until just before the crypto 3.0 boom that sends their stock back up to being way over-valued once again.
 
This is just a market correction, we all knew that Crypto mining was jacking up sales across the board, banks & investors wanted in on it, now that the bubble has burst they are being reset to pre crypto craze numbers. The RTX pricing has very little to do with this, those flagship cards make up like 8% of their bottom line and their mid to low cost products < $350 is very well rounded and sturdy, what is costing them most is their lack of innovation in the Datacenter range, the Quadro 6000's are near impossible to get (still waiting for mine) and they haven't updated their Tesla cards yet. AMD's offerings here are almost non existent but they have managed to create enough hype that the big players are holding off on a refresh until they see what NAVI can bring to the table at 7nm. If navi does great and offers some solid competition here AMD will do great and nVidia will stay right where they are, if navi doesn't then heads will roll and nVidia shoots back up as they have sales out the wazoo for the next 2 years solid.
 
Pyro411 said:
No way! LoL with wod spreading saying they underestimated the reliance on cryptominers for card purchases, I wouldn't put it past any company "Nvidia in this instance" attempt to release a new cryptocurrency via a third party that could only be efficiently mined via their latest generation GPUs.

Now the big question, will their stock hit rock bottom like AMD/ATI and then recover making a bunch of people a lot of money?
Click to expand...

I have a hat that can block Nvidia's new mind control technology and will trade you an rtx2080 for it.
 
DNMock said:
Yeah, no, I doubt that very much. I have major doubts about Navi, doubt AMD's GPU R&D budget was big enough to make up the ground so quickly, and Intel isn't gonna come in with a show stopper right out the gates to put much of a dent in Nvidia's market share.

Over time AMD will make up the ground and Intel will slowly carve it's own piece of the pie, but it isn't gonna happen in one years time.

Nvidia's stock prices will continue to trend down over time until the next big crypto boom IMO.

The secret sauce here based on my uneducated opinion, is gonna be to hold off on buying Nvidia stock until just before the crypto 3.0 boom that sends their stock back up to being way over-valued once again.
Click to expand...
Technically Intel is the largest GPU manufacturer on the planet this will just help them stay competitive long run, and give them a shot at some consoles in 2025, and Data Centers come 2023 or so around the next large refresh cycle. It will also give them a leg up on the AI stuff going on and a number of other big projects that are heavily GPU focused.

nVidia's product and IP portfolio should put them in the 60's this balloon was just gross and AI will be the next crypto boom and nVidia is lining themselves up for it. Some of the frameworks for it are in the RTX cards but these cards just don't offer the raw performance numbers to justify an upgrade over last years parts. Their next hardware refresh though should tell a different story, the RTX cards with some minor clock improvements at 7nm will be a big win for the big guys where every watt counts and you will see nVidia sell them like hotcakes.
 
purple_monster said:
when nvidia has problems i am content.
when nvidia loses money my life is enriched.
when nvidia does bad i feel good. when nvidia is sad,
then i am happy.
their failure is my success.
i hope more terrible nvidia news follows this,
i will read it with joyful eyes.

*bongo drums*
Click to expand...

I wonder how many hardocp dudes got excited thinking that some hedge fund selling their Nvda stock was going to sink the evil empire.
 
TAP said:
I wonder how many hardocp dudes got excited thinking that some hedge fund selling their Nvda stock was going to sink the evil empire.
Click to expand...
nVidia controls too much IP to sink at this point, the worst thing that could happen is they do because that IP would be gobbled by so many patent trolls that it would stifle innovation for the next 5+ years getting that sorted out. Unless Intel swooped in and bought it all and how much better would that be?
 
  • Like
Reactions: TAP
like this
Nukester said:
Bring your video card prices back from outer space and watch people buy again. F nShitia.
Click to expand...
This.

Here in Australia it's $AUD 1,899 for the cheapest 2080 Ti I can see, and that's for a brand I haven't heard of before that I probably wouldn't buy. The Asus card is still $2,299. The "cheap" card is already about $900 less than what they were when they first came out, but still at least $500 more than I would pay. In comparison, I paid $1,199 for my 1080 Ti.

Very happy sticking with my 1080 Ti for the foreseeable future thank you.
 
If gaming revenue has peaked then Nvidia's growth is in datacenter/AI and automotive. The problem is both those markets have to account for loss in gaming revenue (~.25-.5 billion a quarter it looks like from last year's peak).

If Nvidia just maintains the solid 2.5-3B revenue a quarter, even though impressive it's not enough to maintain current growth like stock price. To me $200 is optimistic peak price and $75-100 is the floor if Nvidia doesn't have some analyst beating quarters coming up.

Things change on a dime in tech so who knows what's going to happen. Just for now Nvidia isn't the sure bet it was a year ago this time. I guess the biggest worry for gamers is executives(real possibility) and engineers(less likely) jump ship if Nvidia has hit their peak stock/company wise.
 
The issue is far beyond Nvidia's overpriced RTX cards. Even the GTX 1060 can be found for like $100 and even the mining cards can be bought for less if you hack the drivers. Linus even found a way to hack the drivers to run two GTX 1060's with SLI. So not only are the Rx 480's 470's cheap, but you can even get Nvidia's GTX 1060's cheap and SLI them. So Nvidia is overpriced and withholding features from within the drivers.

 
  • Like
Reactions: N4CR
like this
DukenukemX said:
The issue is far beyond Nvidia's overpriced RTX cards. Even the GTX 1060 can be found for like $100 and even the mining cards can be bought for less if you hack the drivers. Linus even found a way to hack the drivers to run two GTX 1060's with SLI. So not only are the Rx 480's 470's cheap, but you can even get Nvidia's GTX 1060's cheap and SLI them. So Nvidia is overpriced and withholding features from within the drivers.

Click to expand...


I disagree, most people won't hack their hardware, hell most do not overclock. Nvidia's primary issue is pushing the price point of their products out of the Main stream market, coupled with a crypto hangover (which comes with ill will from gamers unable to find GPUs).
 
You must log in or register to reply here.
Back
Top