SoftBank sells entire $5.8B NVIDIA stake
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Britain's government will scrutinise a deal by Nvidia Corp to buy British chip designer Arm including what it might mean for the company's headquarters in England, a spokesman for Prime Minister Boris Johnson said on Monday.
Arm has historically been a close partner of Nvidia. Nvidia is now teaming with Arm rival Intel. Arm is moving into chip design, competing directly with Nvidia for the first time. The Nvidia-Intel deal could spell trouble for Arm. As of 10:10 a.m. ET, Arm ...
Nvidia revealed a $5 billion investment in Intel common stock at $23.28 per share, giving it around a 5% ownership stake. The deal, however, goes far beyond equity—it's about co-developing multiple generations of custom chips. For data centers, Intel ...