SoftBank plans Nvidia stake sale soon, could make about $3 billion: Bloomberg

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·Reuters· (Reuters)

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)

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