FOX BIZ NEWS: SoftBank nears $40 billion deal to sell Arm Holdings to Nvidia

SoftBank nears $40 billion deal to sell Arm Holdings to Nvidia



SoftBank Group Corp. is nearing a deal to sell British chip designer Arm Holdings to Nvidia Corp. for more than $40 billion, according to people familiar with the matter, the latest in a series of big asset sales by the Japanese technology conglomerate.