All that is to say, conventional wisdom is that you’d be nuts to pull an investment in Nvidia right now. Yet that’s exactly what Japanese investment firm SoftBank did on Tuesday, sending numerous tech stocks into a slide. According to Bloomberg, SoftBank disclosed it was pulling its $5.8 billion worth of holdings in Nvidia early Tuesday morning, ending its reign as one of the chip giant’s most prominent backers. The news immediately sent shockwaves throughout the market, dragging Nvidia’s stock down by around 2.6 percent as of Tuesday afternoon. More on Nvidia: Nvidia CEO Says China Is “Going to Win” the AI Race