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Nvidia pays an Arm and a leg for UK chip designer



Graphics giant Nvidia will splash $40bn (£31bn) on UK chip design firm Arm.

Nvidia, whose technology lies in millions of PC and consoles, was already a big client of Arm, whose chips also power numerous other devices – including Android devices and iPhones made by Apple, Samsung and Huawei.

The deal has yet to be finalised and is subject to approval, but a UK government source today told BBC News the sale would not be blocked, despite previous concerns.

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