SoftBank Closes in on $40 Billion Deal to Sell Arm Holdings to Nvidia

SoftBank group is preparing a cash and stock deal to sell Arm Holdings to Nvidia Corporation. The deal will bring more than $40 billion dollars. SoftBank purchased Arm, the British chip designer four years ago for $32 billion dollars. Nvidia stock has been up 185% over the last 12 months compared to the S&P 500 … Continue reading SoftBank Closes in on $40 Billion Deal to Sell Arm Holdings to Nvidia