Nvidia buyout of ARM is imminent, report claims – so watch out AMD and Intel

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Nvidia is indeed going to buy ARM, at least according to the latest from the takeover grapevine, following rumors earlier this year that this was the case.

Going by a report in the Financial Times, Nvidia is to acquire ARM and will pay $40 billion to SoftBank for the privilege. Current owner SoftBank purchased ARM in 2016 for $32 billion, but now has to take action to raise funds in difficult times (with a combination of financial headwinds negatively affecting SoftBank including coronavirus).

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