Arm Limited

Arm Ltd. CEO Hermann Hauser openly criticized Softbank Group Corporation’s (OTC: SFTBY) sale of the chipmaker to Nvidia Corporation (NASDAQ: NVDA) on Monday. What Happened: Hauser claimed in an interview with Reuters that Softbank’s decision to offload stake in the...

Nvidia Corporation (NASDAQ: NVDA) announced Sunday it was acquiring British chipmaker Arm Ltd from SoftBank Group Corp’s (OTC: SFTBY) Vision Fund, in a transaction valued at $40 billion. What Happened: Under the deal, the Santa Clara, California-based company will fund the purchase of all of...