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NVIDIA To Acquire SoftBank’s Arm In A $40 Billion Deal

NVIDIA to aquire arm

NVIDIA, the leading maker of GPUs, on Sunday announced its plans to acquire U.K.-based chip designer Arm Holdings from SoftBank Group Corp. for a $40 billion deal in stock and cash.  For those unaware, Japanese conglomerate SoftBank had purchased Arm Holdings for $31.4 billion back in 2016 to expand into the internet-of-things (IoT) technology.  Under […]

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