Anvidia is in advanced talks to acquire the chip giant Arm

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The chip giant Nvidia Is in advanced talks to acquire chip giant Arm, according to Bloomberg. ARM, a company that specializes in manufacturing chips for smartphones, tablets and computers, was acquired just four years ago by the Japanese conglomerate Softbank at a cost of $ 32 billion.

According to the report, the parties hope to reach agreements in the coming weeks. Recall that only last March Anvidia acquired the Israeli Mellanox for $ 6.9 billion.

The Japanese investment giant Softbank, which is controlled and managed by Messiushi Sun, was until recently considered a success story with lucrative investments like Alibaba. Recently, however, the company faced quite a few difficulties in some of its investments, with the best-known story being the cancellation of the IPO of WeWork after the company’s prospect turned out to be overly inflated. The WeWork saga and also the expensive investment Bauer Complicated Softbank to the level that last November the Japanese conglomerate reported its first quarterly loss in 14 years and the sharpest in the company’s 38 years of existence.

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