Nvidia News Arm
Nvidia announced earlier this month that it intends to buy arm from softbank for 40 billion.
Nvidia news arm. The rumors that nvidia has been in talks with softbank of japan to buy the arm intellectual property business has finally been confirmed. Arm designed chips are at the heart of nearly every smartphone sold. Nvidia is also one of arm s clients using its designs to create its line up of tegra central processing units cpus. Unites nvidia s leadership in artificial intelligence with arm s vast computing ecosystem to drive innovation for all customers.
It is an understatement to say that. The co founder of arm has said that if the government does not stop the 40bn 31bn takeover of the british chip designer its proposed buyer nvidia will become the next us tech monopoly. Nvidia ceo jensen huang. Unites nvidia s leadership in artificial intelligence with arm s vast computing ecosystem to drive innovation for all customers.
And if historical trends continue a merged nvidia arm would result in a market at least 10 times larger than today s mobile phone or cloud computing market. Under the terms of the deal nvidia will pay softbank 21 5bn in its own. Afp via getty images. Tokyo reuters the chief executive of nvidia corp 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.
Nvidia will expand arm s r d presence in cambridge uk by establishing a world class ai research and education center and building an arm nvidia powered ai supercomputer for groundbreaking. But the deal has several critics and now two technology investors are predicting it won t go through.