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    Processors

    Nvidia is Buying ARM from SoftBank for $40 Billion

    The previous rumors about this situation have been correct since now Nvidia has confirmed its intentions of buying the processor architecture company ARM. The purchase of ARM Holdings from the current owner, which is SoftBank, will be valued at $40 Billion. The boards of directors from NVIDIA, Arm, and SBG approved the acquisition, which is expected to be accretive to NVIDIA’s non-GAAP earnings per share and non-GAAP gross margin.

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