October 21, 2020
Business News

Why Nvidia is spending $40 billion on Arm – CNBC

Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles on Oct. 21, 2019.
Nvidia’s planned purchase of buy Arm from SoftBank for $40 billion would be the largest semiconductor deal of all time by dollar value if it is completed.
But the dollar value may actually understate the importance of the deal, announced Sunday. 
Arm is at the heart of nearly every smartphone sold today, from Apple iPhones…

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