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NVIDIA Closes $40B Arm Acquisition, Creating Chip Superpower In Largest Deal Ever

NVIDIA Closes $40B Arm Acquisition, Creating Chip Superpower In Largest Deal Ever
After months of rumors and a report yesterday that said that a deal was imminent, NVIDIA today announce that it plans to acquire Arm in a massive deal with $40 billion — in fact, this is the biggest chip deal in history. The two companies have reached a “definitive agreement” in which SoftBank will also take a 10 percent ownership stake in