Nvidia Acquires UK-Based Chip Designer Arm In A $40 Billion Deal

Nvidia Corp. is officially acquiring Arm Limited from the SoftBank group for $40 billion. Artificial intelligence is the highlight of this multi-billion dollar deal. Arm provides the architecture for processors of companies like Apple and Qualcomm. In a press release, Nvidia also assured that Arm would “continue to operate its open-licensing model while maintaining global customer neutrality.” The […]