According to an announcement made over the weekend from both SoftBank and Nvidia, the former will be selling its Arm holdings to the latter for $40 billion. Softbank’s Arm, which was purchased in 2016 for $31.4 billion, designs the architecture for mobile chips used in almost every mobile device in the world, from the iPhone … Continue reading “Softbank is Selling Arm Holdings to Nvidia for $40B”
Tag: masayoshi son
SoftBank Reports Huge Vision Fund Loss
According to Softbank's CEO Masayoshi Son, his investment judgement was poor after the company revealed…
November 7, 2019
Softbank Shares Just Exploded After the Company’s CEO Said This
Softbank shares were skyrocketing over 17% in early Thursday trading in Tokyo after CEO Masayoshi…
February 6, 2019
SoftBank Vision Fund Wants to Buy Many Companies
According to Softbank Vision Fund's CEO, Rajeev Misra, the company is intended on buying 100…
March 28, 2018
Hot Stocks
Sprint and T-Mobile May Be Back To Merger Talks Again
It was three years ago when Softbank, who owns a majority of Sprint, tried buying…
September 19, 2017
This Japanese Mogul Wants To Create 50,000 U.S. Jobs
Japanese business mogul Masayoshi Son, who's conglomerate is SoftBank, has made a pledge to President-elect…
December 20, 2016
Hot Stocks
Softbank To Buy ARM Holdings (ARMH) For $32B
A huge acquisition just took place this week as Japan's Softbank has agreed to purchase…
July 18, 2016