SFTBY - Nvidia stock in Arm deal used to explain SoftBank CEO's vision

After the company reported the highest annual profit for any Japanese company, SoftBank ([[SFTBF]],[[SFTBY]]) CEO Masayoshi Son told reporters he has made some "mistakes" like the WeWork investment and bailout but notes that both Vision Funds are profitable, which drove the strong earnings. Son used the pending $40B sale of SoftBank's Arm chip unit to Nvidia (NVDA) to explain his vision. The purchase is partially paid for in Nvidia stock, which gives SoftBank a strong stake in the critical AI market.SoftBank's earnings press release contained a handy chart explaining the financials behind the Nvidia-Arm deal:Image source: SoftBank. SoftBank didn't comment on the UK's recent formal complaint against the Arm deal, citing national security and antitrust concerns. If the deal were to fall through, SoftBank would receive a $1.25B termination fee.

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Nvidia stock in Arm deal used to explain SoftBank CEO's vision