NVIDIA to acquire British chip designer Arm from SoftBank for $40bn

NVIDIA to acquire British chip designer Arm from SoftBank for $40bn

US computing company NVIDIA has agreed to acquire Arm Limited, a British semiconductor and software design company, from Japan-based SoftBank Group and the SoftBank Vision Fund (together SoftBank) for $40 billion in a cash-cum-stock deal. The acquisition will result in the combination of the AI computing platform of NVIDIA and Arm’s vast ecosystem for creating […]