Chipmaker Nvidia is reportedly very close to buying Advanced RISC Machines (ARM), the company that designs chips for almost every smartphone today. The company had been battling competition like Qualcomm and Samsung for buying the chipmaker for over a year now, but a report from UK’s Evening Standard says it may win that race.
While ARM doesn’t manufacture its own chips, the company owns the intellectual property (IP) for pretty much any mobile chipset you see today. Companies like Qualcomm, MediaTek, Samsung and even Apple, use ARM’s licences to design their own mobile chips. The company has also designed chips for supercomputers.