Japan’s SoftBank to sell chip designer Arm to Nvidia for US$40 billion, reshaping semiconductor landscape

//Japan’s SoftBank to sell chip designer Arm to Nvidia for US$40 billion, reshaping semiconductor landscape

Japan’s SoftBank to sell chip designer Arm to Nvidia for US$40 billion, reshaping semiconductor landscape

SoftBank Group Corp said on Monday it has agreed to sell chip designer Arm to Nvidia Corp for as much as US$40 billion in a deal set to reshape the semiconductor landscape.Nvidia will pay SoftBank US$21.5 billion in shares and US$12 billion in cash, including US$2 billion on signing. The deal will see SoftBank and the US$100 billion Vision Fund, which has a 25 per cent stake in Arm, take a stake in Nvidia of between 6.7 and 8.1 per cent.SoftBank could also be paid an additional US$5 billion in…

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By | 2020-09-14T01:19:39+00:00 September 14th, 2020|Technology|Comments Off on Japan’s SoftBank to sell chip designer Arm to Nvidia for US$40 billion, reshaping semiconductor landscape