Nvidia Corp is close to a deal to buy British chip designer Arm Holdings from SoftBank Group Corp for more than $40 billion (£31.26 billion) in a deal which would create a giant in the chip industry, according to two people familiar with the matter.
for more than $40 billion in a deal which would create a giant in the chip industry, according to two people familiar with the matter.Nvidia is known for its graphics chips that power video games, but it has developed other markets including artificial intelligence, self-driving cars and data centers.
The British company does not make chips. Instead it licenses out the underlying technology so others can make chips with it. It has previously collaborated with Nvidia.
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SoftBank nears deal to sell Arm Holdings to Nvidia for more than $40 billion - WSJSoftBank Group Corp is nearing a deal to sell British chip designer Arm Holdings to Nvidia Corp for more than $40 billion, the Wall Street Journal reported on Saturday, citing sources.
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WSJ News Exclusive | SoftBank Nears $40 Billion Deal to Sell Arm Holdings to NvidiaThe Japanese technology conglomerate is nearing another big asset sale—a deal selling Arms Holdings to Nvidia for more than $40 billion, according to people familiar with the matter.
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Nvidia nears deal to buy chip designer Arm for more than $40 billion - sourcesNvidia Corp is close to a deal to buy British chip designer Arm Holdings from SoftBank Group Corp for more than $40 billion in a deal which would create a giant in the chip industry, according to two people familiar with the matter.
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Nvidia nears deal to buy chip designer Arm for more than $40 billion - sourcesNvidia Corp is close to a deal to buy British chip designer Arm Holdings from SoftBank Group Corp for more than $40 billion in a deal which would create a giant in the chip industry, according to two people familiar with the matter.
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What Are Nvidia and Arm? And Why Are They Talking About Getting Together?SoftBank Group Corp. is nearing a deal to sell British chip designer Arm Holdings to Nvidia Corp. for more than $40 billion, potentially shaking up the semiconductor industry. Here is a look at what we know.
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