Page 13 - Cambridge Based Arm News Today : Breaking News, Live Updates & Top Stories | Vimarsana
UK s largest chip plant acquired by Chinese-owned Nexperia
theiet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theiet.org Daily Mail and Mail on Sunday newspapers.
Chinese-Owned Nexperia Confirms Acquisition of UK s Largest Chip Plant
nbcconnecticut.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcconnecticut.com Daily Mail and Mail on Sunday newspapers.
Chinese-owned Nexperia confirms acquisition of UK s largest chip plant
naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.
Shrilekha Pethe- April 20, 2021, 9:16 AM EDT SHARE ON:
Nvidiaâs proposed $40 billion acquisition of Cambridge-based Arm is in trouble. On Monday, the UKâs Secretary of State issued an intervention notice on behalf of the UK Government citing national security interests.
In September 2020, the $40 billion acquisition of Arm from the SoftBank Group was presented by Nvidia (
NVDA) with the intention of building an artificial intelligence (AI) supercomputer powered by the two companies. The deal would allow Arm to expand its intellectual property (IP) licensing portfolio using Nvidia technology. Arm has shipped over 180 billion microprocessor chips to-date.
The UK Governmentâs intervention notice stated, âWhereas the Secretary of State believes that it is or may be the case that a public interest consideration is relevant to a consideration of the relevant merger situation. Now, therefore, the Secretary of State in exercise o
Sundial Growers (
SNDL), a licensed cannabis producer was the most actively traded stock in pre-market trading as the company stands to benefit from the US House of Representativesâ vote in favour of legislation that seeks to allow banks to legally serve cannabis producers.
Akers Biosciences (
AKER) was the biggest gainer in pre-market trading, up by 42.2% at the time of writing. There was no fundamental news explaining the gain in the stock price. However, the company was listed on the NASDAQ yesterday following last weekâs approval by shareholders of the merger with AKER.
Caci International (
CACI) was the biggest laggard dropping 17% in the pre-market despite being awarded a $376 million contract by the NGA.