Nvidia Arm Holdings

Graphics chip maker nvidia said it plans to buy u k based arm holdings in a deal worth up to 40 billion in a move that would create a global powerhouse in the industry.

Nvidia arm holdings. Chipmaker nvidia has agreed to buy arm holdings a designer of chips for mobile phones from softbank in a deal worth 40 billion the companies announced sunday. The worry might be that nvidia will influence arm s future r d directions in a way to advantage itself over its competitors. So that brings us to 35 billion only 12 billion in cash and 21 5 billion in very richly valued nvidia stock. Uk tech giant arm holdings to be sold to us company nvidia in 40bn deal.

And software development tools under the ds 5. Chip designer s co founder says deal is an absolute disaster that will lead to uk job losses. Nvidia to buy arm holdings in 40b deal september 14 2020 1 10 pm yahoo finance s zack guzman and dan howley discuss nvidia buying arm holdings from softbank in a deal worth 40 billion. Nvidia nasdaq nvda this week agreed to buy chip designer arm holdings from softbank group in a deal worth up to 40 billion.

Arm holdings stylized as arm is a british semiconductor and software design company owned by japanese conglomerate softbank group with its global headquarters in cambridge in the united kingdom and its us headquarters in san jose california its primary business is in the design of arm processors cpus although it also designs other chips. Under the deal arm will continue to operate out of its. Nvidia ended months of rumors sunday announcing the 40 billion acquisition of arm holdings from japanese mega conglomerate softbank. Uk tech giant arm holdings to be sold to us company nvidia in 40bn deal read more in short unless you live off grid there s a good chance you have used arm technology within the last week.

The deal won t include arm s internet of things iot service group. That s a common practice but it is not money going to softbank. Arm holdings is owned by soft bank group and its vision fund.