Nvidia is reportedly in 'advanced talks' to buy ARM for more than $32 billion
SoftBank has been rumored to be exploring a sale of ARM — the British chip designer that powers nearly every major mobile processor from companies like Qualcomm, Apple, Samsung, and Huawei — and now, it might have found a buyer. Nvidia is reportedly in "advanced talks" to buy ARM in a deal worth over $32 billion, according to Bloomberg.
Nvidia is said to be the only company that's involved in concrete discussions with SoftBank for the purchase at this time, and a deal could arrive "in the next few weeks," although nothing is finalized yet. If the deal does go through, it would be one of the largest deals ever in the computer chip business and would likely draw intense regulatory scrutiny.
Previously:
(2020-07-12) Apple Has Built its Own Mac Graphics Processors
(2020-07-11) Nvidia's Market Cap Rises Above Intel's
(2020-06-11) ARM Faces a Boardroom Revolt as it Seeks to Remove the CEO of Its Chinese Joint Venture
(2019-10-29) Fed Up Of Playing Whac-A-Mole With Network Of Softbank-Owned Patent Holders, Intel Goes To Court
(Score: 2) by JoeMerchant on Monday August 03 2020, @12:42AM
So, like the Saudi prince that bought AOL... shortly after they bought ARM, I bought a few shares in them, then Trump farted or something that was taken as favorable to SoftBank so they jumped like 15% in a day, I suppose I should have just sold right then.
🌻🌻 [google.com]