Nvidia will pay for Arm in cash as well as in its own shares. The transaction is due to be announced next week, sources said. Nvidia is renowned for making chips used in graphics cards, which are important for video games and are also used to extract cryptocurrencies. However, it is also developing other markets, including artificial intelligence, autonomous cars and data centers.
Arm supplies chip technology for mobile devices such as mobile phones and tablets, but is also expanding into processors for cars, data centers and other devices. However, the British company does not manufacture chips, but licenses a technology that enables the production of chips. She has worked with Nvidia before.
With the help of Arm technology, Nvidia wants to build a super-powerful computer that is used for weather forecasting and modeling nuclear weapons experiments.
SoftBank bought Arm in 2016 for $ 32 billion, the largest investment in the company’s history. It wanted to expand into the Internet of Things, which allows, for example, remote control of electronic devices such as refrigerators and air conditioners in the home.
The transaction would be a victory for the Japanese investment group, according to the Wall Street Journal. The letter informed about the transaction earlier. The companies did not comment on the whole transaction.
