SoftBank sells chip designer Arm to Nvidia in $40 bln deal

SoftBank sells chip designer Arm to Nvidia in $40 bln deal

SoftBank sells chip designer Arm to Nvidia in $40 bln deal

SoftBank sells chip designer Arm to Nvidia in $40 bln deal

SoftBank sells chip designer Arm to Nvidia in $40 bln deal

apan's SoftBank Group said on Sept. 14, 2020 it is selling British chip designer Arm to US chip company NVIDIA for up to $40 billion potentially creating a new giant in the industry. (AFP / Sam Yeh)

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SoftBank sells chip designer Arm to Nvidia in $40 bln deal

Nvidia to pay SoftBank in cash and shares

Arm to retain neutral licensing model

Updated 14 September 2020

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TOKYO/SAN FRANCISCO: SoftBank Group Corp. said on Monday it has agreed to sell chip designer Arm to Nvidia Corp. for as much as $40 billion in a deal set to reshape the semiconductor landscape.

The deal puts a