Thread regarding Intel Corp. layoffs

Nvidia's buying ARM

https://www.marketwatch.com/story/softbank-near-40-billion-deal-to-sell-arm-holdings-to-nvidia-2020-09-12

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Post ID: @OP+16V7xcUt

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The irony is that Intel uses ARM processors in many products.

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Post ID: @9mim+16V7xcUt

No one has seemed to notice the following two things:

"To pave the way for the deal, SoftBank reversed an earlier decision to strip out an internet-of-things business from Arm and transfer it to a new company under its control. That would have stripped Arm of what was meant to be the high-growth engine that would power it into a 5G-connected future. One person said that SoftBank made the decision because it would have put it in conflict with commitments made to the U.K. over Arm, which were agreed at the time of the 2016 deal to appease the government." (from arstechnica) and "The transaction does not include Arm’s IoT Services Group." (nvidia news.) which appear to contradict each other.

I'm not sure about the significance of this. I would have guessed Nvidia would have wanted the IoT group to remain.

Also, to first order, when a company issues stock to purchase another corporation, that cost is essentially "free" since the value of the corporation increases.

In other words, Nvidia is essentially paying $12 billion in cash for ARM up front, and that's all. (The extra $5B in cash or stock depends on financial performance of ARM, and thus is a second-order effect.)

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Post ID: @1noj+16V7xcUt

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