NVDA) in a cash-and-stock transaction valued at more than $40 billion as early as next week.
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.
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.
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.
AAPL), Amazon.com (NASDAQ: AMZN) and Facebook Inc. (NASDAQ: FB).
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