Nvidia Said to Be Ready to Acquire ARM Holdings from Softbank for $40bn (25% over Original Purchase Price)

This would conclude a four-year holding period for Masayoshi Son, the deal hinging on the recent conclusion of a dispute between Arm and the head of its China joint venture, Allen Wu. Softbank payed $32bn for ARM back in 2016 (shortly after the UK voted to leave the EU).  To facilitate the deal, Softbank also reversed a move to strip out the IoT component of ARM. Nvidia recently overtook Intel to become the world's most valuable chipmaker.