For Nvidia, Arm represents a chance to boost its fast-growing business of selling chipsets to data centers, the massive networks of computers that power large companies and cloud computing networks.
Both Arm and Nvidia are silicon-focused companies, but the two focus on different areas of the semiconductor industry. Huang says Arm and Nvidia are "complementary."
Arm has had a long history. It was founded in 1990 as part of a joint venture that included Apple, which wanted to use low-power Arm technology in a portable computer called the Newton. Since then, chips with Arm-based cores have become the standard for both Apple and Android phones, and have become significantly more powerful, even challenging power-hungry desktop or laptop chips in performance for some tasks. Qualcomm's chips, used in Samsung, Google, and Huawei phones, use Arm cores.
When Softbank bought Arm in 2016 it also emphasized potential in the "internet of things," or the trend that an increasing number of things, such as machinery or cars, could be equipped with internet connectivity and a cheap microprocessor — running on Arm technology, of course.Nvidia, led by CEO and co-founder Jensen Huang, was originally best known for designing chips that would enable central processors to offload 3D graphics work to increase power and efficiency.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nvidia buys SoftBank’s Arm for $40 billion in biggest chip dealNvidia Corp. said it agreed to buy SoftBank Group Corp.’s chip division Arm Ltd. for $40 billion, taking control of some of the most widely used technology in electronics in the semiconductor industry’s largest-ever deal.
Read more »
SoftBank sells chip designer Arm to Nvidia in $40 billion dealSoftBank Group Corp said on Monday it has agreed to sell chip designer Arm to Nvidia Corp for as much as $40 billion in a deal set to reshape the semiconductor landscape.
Read more »
Nvidia is buying Arm from Softbank in $40 billion deal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
SoftBank is selling British chipmaker ARM to Nvidia for $40 billionNvidia is buying British chipmaker ARM from SoftBank for as much as $40 billion — a total that would make it the largest semiconductor deal ever.
Read more »