However, Nvidia has pledged to keep Arm headquartered in Cambridge, while also promising to expand on Arm's work to build a 'world-class' technology centre. Nvidia, a specialist in graphics processors, has been in discussions with SoftBank over buying Arm for several months - with the bulk of the sale paid for with Nvidia shares. A sale to Nvidia would be the equivalent to letting Trump getting his hands on Trident,' he told The Times. Its technology has been used in the production of 160 billion chips. The Arm deal is expected to close by March 2022.

Source: Daily Mail September 14, 2020 09:09 UTC