SAN FRANCISCO — Nvidia said on Sunday that it would acquire the British chip designer Arm from SoftBank in deal worth about $40 billion, a move that could reshape the battle over technology that powers smartphones and data centers. Nvidia, best known for supplying chips that render images in video games, said it would pay SoftBank a combination of cash and shares in the transaction. Arm, which licenses designs that other companies turn into chips, has long defined the computing technology found in most mobile devices. And Arm designs are starting to play a bigger role in cloud data centers. Influential Arm customers potentially affected by the transaction include Apple, Samsung Electronics, Amazon.com, Qualcomm and Huawei.

Source: New York Times September 14, 2020 00:29 UTC