TAIPEI -- Softbank's $40 billion sale of Arm Ltd. to Nvidia is a generational transaction for the semiconductor industry -- the world's most important mobile chip IP provider, being delivered into the hands of America's most valuable chipmaker, in the sector's biggest ever deal.
Described by Nvidia CEO Jensen Huang as a "once in a lifetime opportunity" for his 27-year-old chip developer, the deal is set to strengthen Nvidia's position as the emerging leader in next-generation artificial intelligence computing and reshape the tech industry competitive landscape.
