Nvidia is reportedly in ‘advanced talks’ to buy ARM for more than $32 billion

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arm

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.

SoftBank bought ARM in 2016 for $31 billion,...

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source https://www.theverge.com/circuitbreaker/2020/7/31/21349332/nvidia-talks-buy-arm-processor-mobile-deal-32-billion-softbank-purchase-rumor

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