Nvidia’s $40-billion agreement to acquire ARM is likely to meet strong opposition from Nvidia’s chip industry rivals, analysts say, with murmurs of protest already emerging in South Korea and China.
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Nvidia will buy UK-based chip designer ARM from Japan’s SoftBank Group for as much as US$40-billion, the companies said on Monday, in a deal set to reshape the global semiconductor landscape.
Nvidia is in advanced talks to acquire ARM, the chip designer owned by SoftBank Group, according to people familiar with the matter.
ARM, the semiconductor designer owned by SoftBank Group, is attracting takeover interest from graphics chip maker Nvidia, people with knowledge of the matter said.
As of Monday morning’s open on Wall Street, Apple – the listed US company that’s attracted the largest valuation of them all – had a market capitalisation of $1.7-trillion.
Nvidia’s market valuation briefly topped Intel’s for the first time ever, powered by soaring demand for graphics chips in data centres and other fast-growing technology fields.
TechCentral editor Duncan McLeod is joined by Africa Data Centres CEO Stephane Duproz for a discussion on the company’s recent acquisition of Standard Bank’s Samrand data centre.
Samsung Electronics has begun building a cutting-edge chip production line intended to help it take on TSMC and Intel in the business of making silicon for external clients.
The coronavirus pandemic has pressured nearly every corner of the global economy, but analysts continue to see sunny days ahead for cloud computing and the ecosystem that surrounds the technology.
These days, with the fallout from the coronavirus pandemic wreaking havoc on economic and business projections, a company can stand out just by maintaining its outlook.