SoftBank is reportedly preparing to sell chipmaker ARM to Nvidia next week for more than $ 40 billion. The Wall Street Journal reported.
Rumors of the deal circulated in July and it was reported that Nvidia was the only candidate in specific talks with SoftBank. If the deal progresses it would be one of the largest in the chips sector and would likely be subject to intense regulatory scrutiny. According to the WSJThe companies have been holding “exclusive” discussions for weeks.
SoftBank bought ARM for $ 31 billion in 2016. The British company̵
Nvidia is the leading manufacturer of GPUs, which are also developed by ARM. Aside from the Tegra range of mobile chipsets used in devices like the Nintendo Switch, Nvidia doesn’t do much in terms of CPU design or mobile hardware. An ARM acquisition is likely to change that.