nvidia to buy arm advanced talks

UK-based chip designer Arm could change hands from its current SoftBank owner to Nvidia, Bloomberg reports, citing unnamed sources. The companies are in ‘advanced talks’ as per the insiders and a deal could be struck in the coming weeks.

Japanese SoftBank acquired Arm four years ago for $32 billion. Now, the amount Nvidia is expected to pay for it is estimated by market analysts at $55 billion.

The acquisition could be met with regulatory hurdles, however, as Nvidia is also currently a customer of Arm and rival customers like Apple, Qualcomm, AMD and Intel will require guarantees…

Link: https://www.gsmdb.com/gsmarena/nvidia_to_buy_arm_advanced_talks-news-44553.php