Nvidia nears deal to buy chip designer Arm for more than $40 bn: Report - Dealers Care

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Saturday, 12 September 2020

Nvidia nears deal to buy chip designer Arm for more than $40 bn: Report

(Reuters) - Nvidia Corp is close to a deal to buy British chip designer Arm Holdings from SoftBank Group Corp <9984.T> for more than $40 billion (£31.26 billion) in a deal which would create a giant in the chip industry, according to two people familiar with the matter.

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