Huang, Son Joke About SoftBank's Early Stake in Nvidia

Invest Insight
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9 Video Views·Nov 14, 2024
At an AI summit in Tokyo on Wednesday, Jensen Huang and Masayoshi Son joked about how SoftBank was once Nvidia's largest shareholder before dumping its stake. The two billionaires are now joining forces on a Japanese supercomputer. SoftBank, which until early 2019 owned 4.9% of Nvidia, has secured a favorable spot in line for the chipmaker's latest products.
MASA is the only entrepreneur, only entrepreneur, only innovator in the world that has selected
the winner and partnered with the winner in every single generation.
Remember, it was MASA that brought Bill Gates to Japan.
It was MASA that invented or brought Jerry Yang to Japan.
It was MASA that made possible for China's cloud industry to happen, Alibaba.
It was MASA that brought Steve Jobs to Japan and the iPhone.
And many of you probably don't know this, but at one point, MASA was the largest shareholder of NVIDIA.
It's okay.
We can cry together.
Could you imagine if today you were the largest shareholder?
Oh, my God.
Yeah, we tried.
We tried.
We tried two times.
Was it three times?
I thought it was two times.
No, no, no.
The first time, we became a shareholder by ourselves buying from the market.
We talk about the, you know, the...
We even talk about some things we shouldn't share, right?
That you and I had a private talk 10 years ago.
Don't say it.
10 years ago, 10 years ago in my garden.
Oh, no, I know.
In my garden.
I regret.
In my garden, at my home.
There's nothing...
Okay, let me tell you what MASA said.
Are you guys ready?
So, MASA said, Jensen, the market does not understand the value of NVIDIA.
Your future is incredible.
Yes.
But the market doesn't understand it.
That was 10 years ago.
And your journey of suffering will continue for some time because you are inventing this future.
So, let me give you the money to buy NVIDIA.
He wanted to lend me money to buy NVIDIA, all of it.
Now, I regret not taking it.
That was a great idea.
Okay, now...
That was the greatest idea, right?
Now, we're both sad.
That was one month after I acquired ARM.
Yes.
And then we talked about combining the two companies.
Yes, yes.
That was another...
Yeah, that was another...
That was a good dream too.
