Could there be an ARM/Nvidia alliance forming?Japanese tech giant SoftBank Group has acquired a $4 billion stake in Nvidia, making it the chipmaker's fourth largest shareholder.
According to
Bloomberg, SoftBank disclosed its ownership of an 'unspecified amount' of Nvidia stock as part of its announcement regarding $93 billion of commitments to its technology investment fund last weekend.
Last year, SoftBank acquired ARM Holdings, the British company whose processor designs are used in a huge range of devices - from smartphones and tablets, to notebooks, networking equipment, embedded devices, wearables, and many more.
The $32.6 billion acquisition was SoftBank's largest ever, but with growing demand for ultra-efficient, low-power chips around the world, analysts started to think it made sense.
However, a large holding in Nvidia puts the company in a strong position to dictate company direction. An Nvidia/ARM alliance would be an interesting and powerful team.
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the purchase constitutes about 5% of Nvidia stock
they own 70% of sprint-nextel
(and are looking at selling sprint to T-mobile and buy up T-mobile shares - ...ie merger)
you do realize that Nvidia already uses ARM
softbank's purchase of stock was a portion of like $93B of stock purchases an a number of high tech companies
like APPLE,Qualcomm,etc
bought up fortress investment group in USA - they needed Investment/asset manager
http://www.investopedia.c...-95b-global-tech-fund/ they are buying blue chip stock
but they could also be investing in self driving car technology in partnership with Saudi investment group
(confirmed part of this story)
also investing in true 5G technology for all it's telecom assets which includes sprint
http://www.fudzilla.com/n...ys-big-chunk-of-nvidia softbank has money to burn - $1.4T in net profits
http://www.japantimes.co....cal-2016/#.WSi0wmjyuHs
post edited by Xavier Zepherious - 2017/05/26 16:14:14