NVIDIA rumored to pay $40 billion for ARM Holdings (UPDATE: Deal is announced)

OSTN Staff

UPDATED: NVIDIA has confirmed that it is paying SoftBank $40 billion to acquire ARM Holdings.
Back in July, we told you that . The latter’s main business is the design of CPU cores such as the 64 bit Cortex-A78 CPU core. that both sides are closing in on a deal that would be valued at over $40 billion. The deal would give SoftBank a multi-billion dollar profit after it purchased the company for $32 billion. NVIDIA is the world’s third largest GPU supplier and ARM is the third-largest in the world thanks to its Mali line of graphic chips.                       …

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