Nvidia’s $40B Deal For Arm Could Affect Apple

Nvidia agreed to pay Arm's current owner, SoftBank Group, $12 billion in cash and $21.5 billion in stock, along with other payments for the chip design firm.

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Nvidia, best known as a major player in graphics processing, today announced it had locked down a deal to purchase U.K.-based chip licensing giant Arm Limited for $40 billion. According to Bloomberg, Nvidia will pay Arm’s current owner, SoftBank Group, $12 billion in cash and $21.5 billion in stock, along with other payments, including a signing […]
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