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ARMHF - Nvidia Purchase Of Arm Completely Resets Semiconductor Landscape
ARM Holdings Plc
Wow.
That’s about all you can say to what could prove to be one of the biggest semiconductor purchases in the multi-decade history of the chip business. The amazing irony is that this $40 billion dollar deal doesn’t involve any chips at all.
The news that was announced on what proved to be a rather eventful Sunday evening is that GPU giant and AI leader Nvidia is planning to acquire the IP (intellectual property) assets and IP-based business of Cambridge, UK-based Arm from Japan-based Softbank. Though few people truly understand or appreciate what Arm does