Nvidia CEO: The fanciest thing about acquiring ARM is its customer network

Nvidia CEO Jensen Huang said on Thursday that the company wanted to acquire ARM because of its customer network. Jensen Huang said this in a remote speech at the SoftBank World Conference. SoftBank announced last month that it agreed to sell its ARM to Nvidia for $40 billion. He also said that he hopes to bring Nvidia artificial intelligence technology to ARM customers.

After the completion of the transaction, the ARM will become a subsidiary of Nvidia Group. Of course, this still needs to wait for the regulatory approvals of the major global markets.

Nvidia’s acquisition of ARM has actually aroused criticism from many parties, including some parties in the UK that strongly opposed the transaction and feared that it would affect the interests of the UK.

More industry companies worry that Nvidia’s acquisition of ARM will affect chip design patents and technology licensing.

Japan’s SoftBank did not have these problems when it acquired ARM, because SoftBank Group’s acquisition of ARM was purely an investment, and SoftBank did not make chips and therefore did not compete with customers.

Nvidia is doing chips to make more industry companies worry that Nvidia will compete with industry companies after the acquisition, which will affect the interests of the chip industry and even hinder development.

This is also true. Although Nvidia has reached an agreement with SoftBank, it will eventually have to wait for the approval. If it cannot be approved smoothly, it may affect the transaction.

SoftBank Group acquired ARM for US$31.4 billion in 2016, and now the US$40 billion deal is still a good return on investment for SoftBank Group.

Via: businessinsider