Nvidia's New Arm: Nvidia to Buy Arm for $40 Billion, It's Official Now
India, Sept. 14 -- Highlights:
* Unites NVIDIA's leadership in artificial intelligence with Arm's vast computing ecosystem to drive innovation for all customers
* NVIDIA will expand Arm's R&D presence in Cambridge, UK, by establishing a world-class AI research and education center, and building an Arm/NVIDIA-powered AI supercomputer for groundbreaking research
* NVIDIA will continue Arm's open-licensing model and customer neutrality and expand Arm's IP licensing portfolio with NVIDIA technology
* Immediately accretive to NVIDIA's non-GAAP gross margin and EPS
* Consideration of $40 billion to be met through a combination of NVIDIA shares and cash
NVIDIA and SoftBank Group Corp. (SBG) today announced a definitive agreement under whic...
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