Arm CEO: No change in our business model after Nvidia deal | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 86%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

LONDON, Sept 14 — The chief executive of British chip designer Arm said today that its proposed US$40 billion (RM166 billion) takeover by US Nvidia would change neither its business model nor which jurisdiction governs its technology.  'We will maintain our neutral business model, and will...

Arm's CEO says the company will maintain a degree of independence despite the takeover by Nvidia. — Reuters pic

LONDON, Sept 14 — The chief executive of British chip designer Arm said today that its proposed US$40 billion takeover by US Nvidia would change neither its business model nor which jurisdiction governs its technology. "We will maintain our neutral business model, and will keep a level of independence," Arm CEO Simon Segars told analysts on a conference call, asked whether the US CFIUS security regime would now govern its customer relationships. — Reuters

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines