SoftBank Group shares fell as much as 10% Wednesday after the company said it sold its entire stake in U.S. chipmaker Nvidia for $5.83 billion, as the Japanese giant looks to capitalize on its "all in" bet on ChatGPT maker OpenAI.

In its earnings report, SoftBank said it sold 32.1 million Nvidia shares in October, and also trimmed its T-Mobile position, raising $9.17 billion.

Asia-Pacific markets mostly rose Wednesday, after Wall Street traded mixed on hopes that the record-setting U.S. government shutdown could be nearing an end and AI trade stumbling.

Japan's benchmark Nikkei 225 fell 0.26%, while the Topix added 0.35%. South Korea's Kospi was flat, while the small-cap Kosdaq added 0.62%.

Australia's S&P/ASX 200 rose 0.13%.

Hong Kong's Hang Seng Index

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