Nvidia acquires Arm in $40 billion deal

In an open letter to employees, Nvidia CEO Jensen Huang confirmed the rumors that the company is indeed acquiring British based chip designer Arm. According to reports, the deal is worth $40 billion, making it the largest in the semiconductor industry. Arm will function as a separate division within Nvidia and its HQ will remain in Cambridge, England. In addition, Arm will retain its neutral and open licensing model with its array of established partners. However, we could finally see an Nvidia mobile chipset after years of absence, even though the initial focus will be on data...

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