Nvidia buys Arm for US$40 billion

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Creates a giant in the chip industry.

Nvidia buys Arm for US$40 billion
Nvidia has agreed to buy British chip designer Arm Holdings from SoftBank for US$40 billion (A$55 billion), creating a giant in the chip industry. The cash and stock deal for Arm was announced on Monday morning. Nvidia is known for its graphics chips that power video games, but it has ...

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