Home Gaming Nvidia pays an Arm and a leg for UK chip designer

Nvidia pays an Arm and a leg for UK chip designer

Chipping forecast.

Graphics giant Nvidia will splash $ 40bn (£31bn) on UK chip design firm Arm.

Nvidia, whose technology lies in millions of PC and consoles, was already a big client of Arm, whose chips also power numerous other devices – including Android devices and iPhones made by Apple, Samsung and Huawei.

The deal has yet to be finalised and is subject to approval, but a UK government source today told BBC News the sale would not be blocked, despite previous concerns.

Arm co-founders Hermann Hauser and Tudor Brown have said the sale risks Arm’s independence as a chips maker for Nvidia’s rivals – and that it could also act as a backdoor to US influence. The fear is Arm, which also makes chips for Chinese companies, could become a pawn in a Washington trade war.

In response, Nvidia boss Jensen Huang has pledged Arm will stay neutral and will remained headquartered in Cambridge, where a new AI research centre will be built, growing the company’s UK employment in the process.

The Japan-based Softbank paid $ 32bn for Arm only four years ago.

This content is hosted on an external platform, which will only display it if you accept targeting cookies. Please enable cookies to view.

Source:RSSMix.com Mix ID 11845774

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -
%d bloggers like this: