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$ 40 billion purchase from Nvidia

US-based chip maker Nvidia buys ARM for $ 40 billion.

Technology company Nvidia is preparing for one of the biggest acquisitions of the last period.

According to the news in the BBC, Nvidia buys ARM, one of the leading companies in the processor field, for $ 40 billion.

A large part of the $ 40 billion fee is cash. Some of them will consist of stocks.

It is also among the information that the purchase will be officially announced this week.

UK-based ARM bought by SoftBank four years ago for $ 31 billion.

Nvidia’s market value is in the band of $ 260 billion.

Written by Maraaz

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