Nvidia Arm Softbank
An nvidia sale isn t certain and softbank s founder masayoshi son has said that an arm ipo before 2023 is another potential option for the company.
Nvidia arm softbank. The chief executive of nvidia corp nvda o said his planned acquisition of arm from softbank group corp 9984 t cost an arm and a leg but that the chip designer s valuable network of. According to the ft softbank is currently focused on securing cash following a rough first quarter where the company chalked up a historic loss. For 40 billion taking control of some of the most widely used electronics technology in the semiconductor industry s. Nvidia s nasdaq nvda proposed acquisition of softbank group s subsidiary arm limited for up to 40 billion in cash and stock will have a major impact on the semiconductor industry.
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. Us giant nvidia is buying british chipmaker arm from softbank for as much as 40 billion.