Nividia may buy Softbank Group chip company

in LeoFinance3 months ago


SoftBank Group Corp British chip designer company Arm Holding may buy Nivida. The deal can be for 40 billion dollars 2.93 lakh crore rupees. Nividia could become a chip industry giant following the deal.

The deal would be on cash and stock basis. The report said that the value of the arm holding could be less than $ 40 billion. Nvidia manufactures graphic chips for video games. The company also makes chips for Artificial Intelligence self driving cars and data centers.

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