MojoKid writes: Word across a number of business and tech press publications tonight is that NVIDIA is reportedly pursuing a possible acquisition of Arm, the chip IP juggernaut that currently powers virtually every smartphone on the planet (including iPhones), to a myriad of devices in the IoT and embedded spaces, as well as supercomputing and in the datacenter. NVIDIA has risen in the ranks over the past few years to become a force in the chip industry, and more recently has even been trading places with Intel as the most valuable chipmaker in the United States, with a current market cap of $256 billion. NVIDIA has found major success in consumer and pro graphics, the data center, artificial intelligence/machine learning and automotive sectors in recent years, meanwhile CEO Jensen Huang has expressed a desire to further branch out into the growing Internet of Things (IoT) market, where Arm chip designs flourish. However, Arm’s current parent company, SoftBank, is looking for a hefty return on its investment and Arm reportedly could be valued at around $44 billion, if it were to go public. A deal with NVIDIA, however, would short-circuit those IPO plans and potentially send shockwaves in the semiconductor market.

Read more of this story at Slashdot.

Source: Slashdot – Nvidia Reportedly Could Be Pursuing ARM In Disruptive Acquisition Move