Nvidia is acquiring chipmaker Arm for $40 Billion

Nvidia Corp will buy UK-based chip designer Arm from Japan’s SoftBank Group Corp for as much as $40 billion, the companies said on Monday, in a deal set to reshape the global semiconductor landscape.

The sale puts a vital supplier to Apple Inc and others across the industry under the control of a single player and will face potential pushback from regulators and rivals to Nvidia, the biggest U.S. chip company by market capitalisation.