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GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 Billion

GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 Billion | Hardware Bitcoin News

California-based Nvidia is buying British computer chip designer Arm Holdings from Softbank Group Corp. in a deal worth $40 billion. Nvidia, which specializes in making hardware for video game consoles and the crypto mining sector, said in a press release that it would pay Softbank a combination of cash and shares in the transaction.