The deal, which would have been the largest ever in the chip sector, was valued at $66B at the time of its collapse. On February 7, 2022, facing increased regulatory hurdles, Nvidia signaled that it was dropping its acquisition of Arm. SoftBank Group will acquire slightly less than a 10% stake in Nvidia, and Arm would maintain its headquarters in Cambridge. from SoftBank, pending regulatory approval, for a value of US$40 billion in stock and cash, which would be the largest semiconductor acquisition to date.
Nvidia announced plans on Septemto acquire Arm Ltd. In addition to AMD, its competitors include Intel and Qualcomm. More recently, it has moved into the mobile computing market, where it produces Tegra mobile processors for smartphones and tablets as well as vehicle navigation and entertainment systems. They are deployed in supercomputing sites around the world. In addition to GPU manufacturing, Nvidia provides an API called CUDA that allows the creation of massively parallel programs which utilize GPUs.
Its professional line of GPUs are used in workstations for applications in such fields as architecture, engineering and construction, media and entertainment, automotive, scientific research, and manufacturing design.
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Nvidia is a global leader in artificial intelligence hardware & software from edge to cloud computing and expanded its presence in the gaming industry with its handheld game consoles Shield Portable, Shield Tablet, and Shield Android TV and its cloud gaming service GeForce Now. It is a software and fabless company which designs graphics processing units (GPUs), application programming interface (APIs) for data science and high-performance computing as well as system on a chip units (SoCs) for the mobile computing and automotive market.
Nvidia Corporation ( / ɛ n ˈ v ɪ d i ə/ en- VID-ee-ə), commonly known as Nvidia, is an American multinational technology company incorporated in Delaware and based in Santa Clara, California.
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