NasdaqGS:ARMSemiconductor
Nvidia Exits Arm Stake As Data Center And AI Growth Story Builds
Nvidia has fully exited its shareholder position in Arm Holdings (NasdaqGS:ARM), ending an equity relationship that started with its unsuccessful attempt to acquire the company.
The two companies continue to work together through long term technology licensing agreements.
Arm is gaining data center CPU market share, supported by demand for Amazon’s Graviton processors and broader interest in AI and non mobile computing.
Arm designs CPU architectures that sit at the core of many smartphones,...