You may well have read today about Nvidia’s $40bn takeover of ARM Holdings of the UK from SoftBank, which comes just over four years after the JPY/£ currency-led, opportunistic acquisition was struck by the Japanese firm to acquire the chip designer soon after the Brexit referendum in mid-2016.
The deal creates the “world’s premier computing company for the age of AI”, said Nvidia on Sunday.
And seller SoftBank, the vituperated “Nasdaq Whale” – …
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Source: The Loadstar
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