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NVIDIA is about to buy ARM for more than $40B

NVIDIA is about to buy ARM for more than $40B
NVIDIA is about to buy ARM for more than $40B

It was claimed that the purchase agreement between NVIDIA and ARM first time in July, now it is coming to an end. California-based graphics card manufacturer NVIDIA is very close to buying the chip designer ARM, owned by Japanese telecommunications giant SoftBank.

The news that graphics cards giant NVIDIA is interested in purchasing ARM was rumored last July. But now some sources close to the industry indicate that, they will buy ARM for more than 40 billion dollars.

Tokyo-based telecommunications company SoftBank acquired British semiconductor and chip manufacturer ARM in 2016 for $32 billion. This $40 billion deal is seen as a great win for the Japanese company, as SoftBank increased the value of the company in such a short period.

If the deal happens, it will probably be the largest semiconductor deal ever.
If the deal happens, it will probably be the largest semiconductor deal ever.

Sources close to the industry say NVIDIA and ARM have been in private talks over the past few weeks, and if there is no last-minute setback, the deal could be signed early next week.

ARM, which designs microchips that power most of the world’s smartphones, and NVIDIA, the world’s largest graphics card manufacturer, aim to become a powerhouse in the chip industry by joining forces. If the deal happens, it will probably be the largest semiconductor deal ever.