Nvidia expresses interest in SoftBank's chip company Arm Holdings: Report

📆 23/07/2020 04:14:00
📰 ChannelNewsAsia

⏱ Reading Time:
29 sec. here
2 min. at publisher
📊 Quality Score:
News: 15%
Publisher: 66%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

SoftBank Group Corp's chip company Arm Holdings Ltd has gathered buyout interest from Nvidia Corp, CNBC reported on Wednesday, citing Bloomberg News.

SANTA CLARA, Califorinia: SoftBank Group's chip company Arm Holdings has gathered takeover interest from Nvidia, Bloomberg News reported on Wednesday , citing people familiar with the matter.

Nvidia and SoftBank did not immediately respond to requests for comment, while Arm declined to comment on the report.SoftBank, which acquired Arm for US$32 billion in 2016, is exploring options including a full or partial sale or a public offering of the British chip designer, the Wall Street Journal reported last week.

Last month, the Japanese conglomerate unveiled a series of transactions to divest more than US$21 billion worth of stock in US wireless carrier T-Mobile US, as it seeks funding for a US$41 billion share buyback and debt reduction plan.

Scrivi un Commento

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Nvidia expresses interest in SoftBank's chip company Arm Holdings: Bloomberg NewsSoftBank Group Corp's chip company Arm Holdings Ltd has gathered buyout interest from Nvidia Corp, CNBC reported on Wednesday, citing Bloomberg News.
Fonte: ChannelNewsAsia - 🏆 6. / 66 Leggi di più »

Bill Ackman's blank check company raises US$4 billion in US IPOPershing Square Tontine Holdings Ltd has raised US$4 billion in its U.S. initial public offering, the blank check company backed by billionaire ...
Fonte: ChannelNewsAsia - 🏆 6. / 66 Leggi di più »