SoftBank may explore raising stake in Nvidia

Major investor: An employee walks past a Pepper humanoid robot, developed by SoftBank, at Mizuho Bank branch in Tokyo. SoftBank has bought a 4.9 stake, making it the fourth-largest shareholder in Nvidia. — Bloomberg

LONDON: SoftBank Group Corp, the Japanese company that raised a US$93bil fund for technology investments, is considering boosting its stake in chipmaker Nvidia Corp, people familiar with the matter said.

The firm would raise its holding over time and begin to work more closely with Nvidia, the people said, asking not to be identified because the deliberations are private.