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Huang repeated that he wants to infuse the arm architecture with more ai and focus on pervasive intelligent devices.
Nvidia wants to buy arm. The deal that nvidia negotiated is to buy arm for 40b in stock and cash. A lot of coverage out there seems to think that this is a play at arm s mobile business which i m sure is an enticing part of the deal. The site will include an arm powered supercomputer and facilities to serve. But the reasons for nvidia to pick them up are obviously different.
Speculation over why nvidia wants arm is widespread. The deal will include 21 5. One explanation is that with nvidia s soaring share price now at 260 billion a 20 30 billion all share deal looks easy for nvidia to absorb. Graphics card company nvidia is reportedly in advanced talks to buy arm the mobile chip designer that powers nearly every single android and iphone device along with newer computers from.
But if you look at nvidia s recent acquisition history i think it makes more sense to think about this in terms of the cloud. Jim cramer says nvidia is a buy here cites unstoppable potential of arm acquisition published thu sep 24 2020 6 59 pm edt updated thu sep 24 2020 8 12 pm edt kevin stankiewicz kevin stank. Nvidia also wants to assure its commitment arm s uk base by investing in a new ai data center in the city of cambridge. Softbank wants 40 billion british pounds 52 billion for the business.
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. Samsung wants consortium not nvidia to buy arm august 03 2020 by peter clarke arm licensee samsung will try to participate in a bid in the form of equity investment as part of consortium in which it will hold a minority the report said referencing an unnamed senior semiconductor official in south korea. Nvidia wants to buy arm softbank s semiconductor subsidiary the japanese telecom is looking for a buyer and nvidia has reportedly thrown its hat into the ring.
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