NVidia buys ARM Holdings for 40 Billy

[el_oh_el]

Update: SoftBank has agreed to sell Arm Holdings to US chip company Nvidia for $40 billion, ending four years of ownership as the Japanese technology group shifts towards becoming a global investment and asset management powerhouse.

The UK chip designer is the latest large asset disposal orchestrated by SoftBank founder Masayoshi Son as his newly built war chest opens up options for the group including an expansion of trading into publicly listed technology stocks and a potential delisting of its own shares.

Under the deal, SoftBank will become the largest shareholder in Nvidia, which will pay the Japanese group $21.5 billion in common stock and $12 billion in cash. “We look forward to supporting the continued success of the combined business,” Mr Son said in a joint statement late on Sunday.

Nvidia buys ARM Holdings from SoftBank for $40 billion [Updated]

Not sure what this holds for ARM processor licensing in the future...NVidia known to try and price gouge

 

[Hood Critic]

This should be big news in this forum because it has potential implications for console gaming.

 

[Fctftl]

Apple using ARM chips, windows using ARM chips in the Surface X, now Nvidia buyin controlling stake in the company....

are our PC's gonna be worthless in a few years? x86 lookin played out these days

 

[Diondon]

Made a nice chunk of change off NVDA stock a while back

 

[GoldenGlove]

Made a nice chunk of change off NVDA stock a while back

Nvidia looking like one to hold... not sell at this point tho bro

 

[Tunez]

Yo AMD you had good run

 

[Rekkapryde]

Nvidia looking like one to hold... not sell at this point tho bro

that shyt at 500 a share!!!

I'll pass

 

[GoldenGlove]

that shyt at 500 a share!!!

I'll pass

It was 169.32 a year ago tho...

 

[Rekkapryde]

It was 169.32 a year ago tho...

 

[GoldenGlove]

AMD is $77 a share

 

[Rekkapryde]

AMD is $77 a share