SoftBank nears deal to sell Arm Holdings to Nvidia for more than $40 bln – WSJ


View photos

An ARM and SoftBank Group branded board is displayed at a news conference in London

(Reuters) – SoftBank Group Corp is nearing a deal to sell British chip designer Arm Holdings to Nvidia Corp for more than $40 billion, the Wall Street Journal reported https://on.wsj.com/2Rlv7HC on Saturday, citing sources.

(This story corrects company name to “SoftBank” from “Softbank” in the headline)

(Reporting by Shubham Kalia; editing by Diane Craft)

Read More