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Nvidia is apparently about to buy chip manufacturer Arm Holdings

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Cementing its dominance over the field.

(Image credit: Nvidia)

The Financial Times reports that Nvidia is about to buy Arm Holdings, the UK-based chip manufacturer, from its current owner SoftBank for $40 billion. The SoftBank Group, a Japanese holding company, only recently bought Arm themselves, paying $32 billion in in 2016. Nvidia will apparently cover part of the transaction with their own shares.

While Nvidia, who the Financial Times points out "recently overtook Intel to become the world's most valuable chipmaker", tends to focus on high-end chips of the kind favored by PC gamers, Arm currently have market dominance in the fields of mobile, tablet, and smart TV chips.

Nvidia recently acquired data storage and management platform Swiftstack, and Mellanox Technologies, a supplier of InfiniBand and Ethernet networking products.

According to the Financial Times, the deal will may be announced on Monday.

Jody Macgregor
Jody Macgregor
Weekend/AU Editor

Jody's first computer was a Commodore 64, so he re having to use a code wheel to play Pool of Radiance. A former music journalist who interviewed everyone from Giorgio Moroder to Trent Reznor, Jody also co-hosted Australia's first radio show about videogames, how weird Lost Ark can get. Jody edited PC Gamer Indie from 2017 to 2018, and he eventually lived up to his promise to play every Warhammer videogame.