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Nvidia CEO: we want to make Arm even greater, keep it based in UK

Mon, 14th Sep 2020 09:43

LONDON, Sept 14 (Reuters) - Nvidia wants to grow
British chip designer Arm, which it has agreed to acquire from
Softbank for $40 billion, and expand its research
presence at its Cambridge headquarters, CEO Jensen Huang said on
Monday.

"We want to grow Arm and make it become even greater," Huang
told analysts on a call, adding that Arm would hire more
engineers, spend more on research, and run a new artificial
intelligence unit in Cambridge.

Huang said he was ready to have a discussion with the
British government about how to expand Arm's research presence
in Britain, but made clear that this had not yet happened.

"The UK government will realise that we are making a very
significant investment in the UK," Huang said. "However that it
documented ... we are more than delighted to have that
conversation."
(Reporting by Douglas Busvine and Kate Holton; editing by
Michael Holden)

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