Son Jeong-ui collapsed by Jensen Hwang's one word...Past Nvidia's Largest Shareholder's 'Sigh' [Now News]

Nvidia CEO Jensen Huang's joke about SoftBank Group Chairman Son Jeong-ui has become a hot topic.

At the "NVIDIA AI Summit Japan" event held in Tokyo, Japan on the 13th, when Jensen Huang said, "Son Jeong-ui was once a shareholder of Nvidia," Chairman Sohn briefly lamented, "Ah," and buried his face on CEO Hwang's shoulder.

Hwang patted Son and said, "It's okay. Let's cry together."

This was a reference to the past sale of Nvidia by the Vision Fund, which is run by SoftBank Group, which became the fourth-largest shareholder in 2017 with about 4.9% ownership of Nvidia, a GPU company, but liquidated all of its shares in 2019 for about $4 billion.

Business Insider said that if SoftBank did not sell its stake at the time and held it to date, its stake would be worth more than $175 billion (about 246 trillion won).

CEO Jensen Huang recounted SoftBank's long-standing relationship with Nvidia in a subsequent conversation, saying, "Imagine. "If you were our largest shareholder," Son said with a smile, "I tried to take over three times."

CEO Hwang jokingly said, "I regret a little bit now that I refused then."


AI Anchor | Y-GO
Edit Caption | Lee Mi-young


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