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Nvidia deal for Arm will drive computing power growth: SoftBank's Son

The deal is set to reshape the global semiconductor landscape

FILE PHOTO: A journalist raises her hand to ask a question to Japan's SoftBank Group Corp Chief Executive Masayoshi Son during a news conference in Tokyo, Japan, Nov. 5, 2018. REUTERS/Kim Kyung-Hoon
  • The Nvidia deal has raised concerns it will threaten Arm’s role as a neutral supplier in the industry;
  • Son made the comments at a virtual summit about artificial intelligence.

SoftBank CEO Masayoshi Son said on Thursday the sale of chip designer Arm to Nvidia will drive growth in computing power, in his first public comments since the $40 billion deal was announced in September.

Son made the comments at a virtual summit about artificial intelligence hosted by the government of Saudi Arabia, in which he reiterated his belief that AI would transform society.

READ ALSO: Nvidia to buy chip designer Arm for $40 billion as SoftBank exits

The Nvidia deal, part of a series of asset sales by Son whose group has been shaken by soured investments and the COVID-19 pandemic, has raised concerns it will threaten Arm’s role as a neutral supplier in the industry.

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