Business
Nvidia buys Arm for US$40 billion – Hardware – iTnews
Creates a giant in the chip industry.
Nvidia has agreed to buy British chip designer Arm Holdings from SoftBank for US$40 billion (A$55 billion), creating a giant in the chip industry.
The cash and stock deal for Arm was announced on Monday morning.
Nvidia is known for its graphics chips that power video games, but it has developed other markets including artificial intelligence, self-driving cars and data centres.
Arm supplies the chip technology for virtually all mobile devices such as phones and tablets but is also expanding i…
-
General23 hours agoWondering about winter | The Spectator Australia
-
Noosa News22 hours agoJane Bunn weather: Cyclone Errol forms as effects of Alfred still felt across Queensland
-
General22 hours agoParents of Heidi, 3, remember ‘beautiful’ daughter killed in Ocean Grove crash
-
Noosa News20 hours agoThis 42-Kilometre Walking Trail on the NSW North Coast Weaves Through Ancient Rainforest, Volcanic Mountains and Spectacular Waterfalls