<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="That's according to the Wall Street Journal, citing sources familiar with the deal.” data-reactid=”20″>That’s according to the Wall Street Journal, citing sources familiar with the deal.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The sale process, first reported by Bloomberg in July, comes just four years after SoftBank bought Arm Holdings for $32 billion.” data-reactid=”21″>The sale process, first reported by Bloomberg in July, comes just four years after SoftBank bought Arm Holdings for $32 billion.
Arm, known for designing microprocessors found in smartphones, has been in exclusive talks with Nvidia for several weeks, the report continued.
Nvidia’s chips are used to power high-tech devices as well.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="If the transaction is official, it would be one of the largest semiconductor deals ever. It comes just two months after Analog Devices Inc. (NASDAQ: ADI) bought Maxim Integrated for billion. ” data-reactid=”28″>If the transaction is official, it would be one of the largest semiconductor deals ever. It comes just two months after Analog Devices Inc. (NASDAQ: ADI) bought Maxim Integrated for billion.
SoftBank’s (OTCPK: SFTBF) (OTCPK: SFTBY) Vision Fund once held a $3.6 billion stake in Nvidia, which it sold in January 2019.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The company's billionaire founder and CEO, Masayoshi Son, recently announced that he is creating an asset management company with $555 million in capital to invest in other major tech companies in the world, including Apple Inc. (NASDAQ: AAPL), Amazon.com (NASDAQ: AMZN) and Facebook Inc. (NASDAQ: FB).” data-reactid=”30″>The company’s billionaire founder and CEO, Masayoshi Son, recently announced that he is creating an asset management company with $555 million in capital to invest in other major tech companies in the world, including Apple Inc. (NASDAQ: AAPL), Amazon.com (NASDAQ: AMZN) and Facebook Inc. (NASDAQ: FB).
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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.” data-reactid=”37″>© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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