UK-based computer chip designer ARM Holdings is being sold to the American graphics chip specialist Nvidia., Japanese tech conglomerate Softbank, four years after it acquired the company for $32bn.Two of the company's co-founders had warned against the takeover.
The concern is that there would be a conflict of interest since ARM's clients would become dependent on a business with which many also compete for sales. Others, including the UK's Labour Party, had also urged the government to intervene to safeguard British jobs.ARM creates computer chip designs that others then customise to their own ends. It also develops instruction sets, which define how software controls processors.
California-headquartered Nvidia overtook Intel to become the world's most valuable chipmaker in July.
Another British company sold off. In a few decades there won't be any British companies. We will all be employed by Americans, Chinese and the EU. With all the money and innovation flowing offshore.
People saying the UK has no tech or manufacturing industries, and we're just a money laundering operation for the world's dirty money, should remember we have...oh
tekofu What about LEG
LeoKelion ‘Arm’, not ‘ARM’. “We ask all of Arm’s customers, partners, licensees and any other third parties to use the Arm word in sentence case in text in all relevant materials.”
Maybe Nvidia should rename to NARM.
Dr Moreau's fish designs could be next...
😢
excuse me I think they prefer calling em ''crisps''
So they managed to get control back of ARM China?
I wonder how that'll impact the 2021 redesigned iMac.
Defund the royal peado!!!