From now on when you say something cost an arm and a leg, know that arm is valued at forty billion dollars. 💸
Breaking: Nvidia is acquiring Arm for $40 billion https://www.theverge.com/2020/9/13/21435507/nvidia-acquiring-arm-40-billion-chips-ai-deal?utm_campaign=theverge&utm_content=chorus&utm_medium=social&utm_source=twitter
@bamfic @cassidyjames as much as I have tried to be optimistic about mergers and acquisitions in the past, i can’t think of a single example where it has been a positive outcome for the products of the acquired. ARM existed primarily as IP holdings and R&D, licensing its cores to other companies. in this role it was relatively— neutral. now if everyone has to license arm cores from NVIDIA that is not at all neutral- that’s a monopoly lever.
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