The $40 billion deal announced last month would reshape the global semiconductor sector because Arm has long acted as a neutral player, supplying intellectual property to Apple Inc , Qualcomm Inc and many others that goes into chips for most of the world’s smart phones and many other kinds of chips. Nvidia has displaced Intel Corp as the biggest U.S. chip company by market capitalization on the strength of its data center chips for artificial intelligence. …read more
Source:: Yahoo Finance
