James Martin/CNET
Nvidia, which makes graphics processors, is close to buying chipmaker Arm from Japanese conglomerate SoftBank, with a transaction set to be announced as soon as next week, Bloomberg reported Saturday, citing anonymous sources. The deal could value Arm at around $40 billion in cash and stock, Bloomberg said, noting that it could be the largest-ever deal in the chip industry.
Nvidia declined to comment on the report. Neither Arm nor SoftBank immediately responded to requests for comment.
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