Tag: Nvidia

Nvidia building UK supercomputer to boost COVID-19 research

LONDON:U.S. chip giant Nvidia said on Monday it is building Britain’s most powerful supercomputer, which will use artificial intelligence to help researchers solve pressing medical challenges, including those related to COVID-19. GSK and AstraZeneca, which are both involved in coronavirus vaccine research, will be two of the first pharmaceutical companies to harness the power of […]

NVIDIA to acquire ARM for $40 billion

NEW DELHI:NVIDIA and SoftBank Group Corp. (SBG) today announced a definitive agreement under which NVIDIA will acquire Arm Limited from SBG and the SoftBank Vision Fund (together, SoftBank) in a transaction valued at $40 billion. The transaction is expected to be immediately accretive to NVIDIA’s non-GAAP gross margin and non-GAAP earnings per share. The combination […]

Nvidia close to acquiring chip maker ARM for $40 billion: Report

NEW DELHI: US-based graphic giant Nvidia is close to acquiring SoftBank-owned UK chip company ARM in a deal valued at more than $40 billion, the Wall Street Journal reported on Sunday. The Japanese technology conglomerate bought ARM for $31 billion in 2016. The company powers major mobile processors from companies like Qualcomm, Apple, Samsung and […]

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