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.
Libby Hogan reports.
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.
Libby Hogan reports.
At a glance, the deal could be a head-scratcher to some.
Nvidia shares are popping on news it will acquire Softbank's Arm Holdings for $40 billion. The tech company has seen continued..