Nvidia’s Acquiring UK Chip Designer for $40 Billion


In a move that Reuters said will “reshape the global semiconductor landscape,” Nvidia Corp. is purchasing Arm of the U.K. from SoftBank Group Corp. of Japan. Arm is a chip architect, but does not manufacture them.

“The sale puts a vital supplier to Apple Inc. and other across the industry under the control of a single player and faces likely pushback from regulators and rivals to Nvidia, the biggest U.S. chip company by market capitalization,” Reuters reports.

Read the Reuters report.

 


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