Nvidia secures control of key global tech with $40bn Arm deal

By Richard Waters

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Nvidia’s agreed purchase of Arm Holdings from Japan’s SoftBank for up to $40bn, the largest deal in the global semiconductor industry, gives the US company control over a technology that powers everything from mobile devices to data centres.  The sale of UK chip designer Arm, announced on Sunday, is the latest big asset disposal by SoftBank as the Japanese tech group shifts from operating businesses into a global investment and asset management powerhouse.

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