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Arm’s head office in Cambridge. Photograph: Robert Evans/Alamy Arm’s head office in Cambridge. Photograph: Robert Evans/Alamy Sat 24 Apr 2021 11.00 EDT Last September, Nvidia, the American manufacturer of graphics processing chips, and the Japanese company SoftBank announced an agreement under which Nvidia would acquire the British chip designer Arm from SoftBank for $40bn. Since SoftBank had acquired Arm in 2016 for $32bn, you could say that a 25% profit on a five-year investment isn’t to be sneezed at, especially if industry mutterings about SoftBank’s crackpot investment strategy and Arm’s internal difficulties with its China-based operation are to be believed. ....
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