Nvidia Buys Arm For $40 Billion, Will Create A Super-Computer

After announcing its next series of graphics cards, Nvidia has made another bombshell announcement. The company is buying the British semiconductor company Arm for $40 million. Nvidia acquired Arm from SoftBank, which paid $31 billion for it back in 2016.

In a statement, Nvidia said buying Arm will help the company become the “premier computing company for the age of artificial intelligence, accelerating innovation while expanding into large, high-growth markets.”

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