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Nvidia buys Arm for US$40 billion

By Greg Roumeliotis on Sep 14, 2020 11:32AM
Nvidia buys Arm for US$40 billion

Creates a giant in the chip industry.

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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By Greg Roumeliotis
Sep 14 2020
11:32AM
0 Comments

Related Articles

  • UK orders in-depth probe of Nvidia's Arm acquisition
  • Nvidia's closing of US$40 billion Arm deal could hinge on Europe
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