SoftBank nears deal to sell Arm Holdings to Nvidia for more than $40 billion, WSJ reports

The cash-and-stock deal could be sealed early next week and would value Arm in the low $40 billions, the Journal report said, citing sources. Nvidia is known for its graphics chips that power video games, but it has developed other markets including artificial intelligence, self-driving cars and data centers. It has previously collaborated with Nvidia. …read more

Source:: Yahoo Finance

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