Nvidia in Advanced Talks to Buy SoftBank’s Chip Company Arm
- Combination would likely spark antitrust scrutiny, opposition
- SoftBank negotiating sale of company it bought for $32 billion
Source: ARM Ltd.
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Nvidia Corp. is in advanced talks to acquire Arm Ltd., the chip designer that SoftBank Group Corp. bought for $32 billion four years ago, according to people familiar with the matter.
The two parties aim to reach a deal in the next few weeks, the people said, asking not to be identified because the information is private. Nvidia is the only suitor in concrete discussions with SoftBank, according to the people.