TOKYO/SAN FRANCISCO - Nvidia Corp will buy UK-based chip designer Arm from Japan’s SoftBank Group Corp for as much as $40 billion, the companies said on Monday, in a deal set to reshape the global semiconductor landscape.
For Softbank, the sale marks an early exit from Arm, just four years after the technology group’s $32 billion acquisition. Chief Executive Masayoshi Son has lionised the potential of Arm but is slashing his stakes in major assets to raise cash. Nvidia CEO Jensen Huang said the deal, which will boost his firm in data centre chips, was “pro competition”. It marked “the first time in history the industry could see something that is genuinely alternative” to Intel Corp’s domination of the sector, he said.See more stories
The companies did not discuss the deal with the British government until shortly before the announcement because the talks were secret, Huang said. A new artificial intelligence research center will be built at Arm’s Cambridge headquarters.Arm does not make chips but has created an instruction set architecture - the most fundamental intellectual property that underpins computing chips - on which it bases designs for computing cores.
Nvidia will take control of the minority stake in joint venture Arm China. Arm is in dispute with the venture, which licenses chip architecture to local companies, over its management. In what would amount to a direct challenge to those rivals, Huang said it is “possible” Nvidia will build its own server chips based on Arm designs.
SoftBank is known as a telecom company in Japan. But I think the company is known as a investment company in the world.
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