Arm is cutting up to 1,000 jobs after Nvidia deal collapses

Arm is cutting up to 1,000 jobs from its global workforce after the collapse of Nvidia’s acquisition. The British chip designer has struggled from relatively flat revenues and rising costs despite the huge success of the company’s licensees such as Apple, Qualcomm, and Amazon. Nvidia proposed to acquire Arm for $40 billion and ensure the... Read more »

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