SoftBank (SFTBF) , a Japanese multinational telecommunications and Internet firm, has taken a $4 billion stake in Nvidia (NVDA) - Get Report, making it the fourth-largest shareholder in the chipmaker, Bloomberg reports.
The Japanese company on Saturday revealed it owned an unspecified amount of Nvidia stock when it announced a $93 billion commitment to its Vision Fund, a technology investment fund.
SoftBank founder Masayoshi Son has stated in the past that he intends on becoming the largest investor in technology over the next decade.
Nvidia has evolved into one of the primary leaders in the chipmaking space, designing devices for machine intelligence in data centers, automobiles and more.
Shares of Nvidia were higher over 1.5% during mid-morning trading on Wednesday.
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