Google Secures Pentagon AI Deal for Classified Projects 
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S. 
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth 
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement 
Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue 
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings 
Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance 
Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges 
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth 
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales 
Robinhood Q1 Earnings Miss Expectations, Stock Drops After Hours 
Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat 
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds 
Why Paycom Was Named a 2026 Platinum Employer on the Where You Work Matters List 
U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats 
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition 
SoftBank Group Corp. will sell its chip designer Arm, a vital supplier to Apple Inc., to Nvidia Corp. for as much as $40 billion.
Nvidia will pay SoftBank $12 billion in cash and $21.5 billion in shares.
SoftBank and the Vision Fund, which has a 25 percent stake in Arm, will take a stake in Nvidia of between 6.7 and 8.1 percent.
Brisk business performance could earn SoftBank an additional $5 billion in cash or Nvidia shares and Arm employees $1.5 billion in shares.
SoftBank CEO Masayoshi Son had been praising Arm for its potential but has since been slashing his stakes.
The sale marks an early exit for SoftBank in the British chip technology firm, just four years after its $32 billion acquisition.
The Arm acquisition puts vital suppliers across the industry under the control of Nvidia.
Arm licenses its chip designs and technology the likes of Qualcomm Inc, Apple, and Samsung Electronics Co. Ltd.
Forthcoming Mac computers are also slated to use chips from Arm.
Nvidia CEO Jensen Huang intends to retain Arm’s neutral licensing model and license out Nvidia's graphical processor unit through Arm’s silicon partners.
A new artificial intelligence research center will be built at Arm’s Cambridge headquarters.
With the acquisition, Nvidia anticipates more intense competition from data center chip rivals such as Advanced Micro Devices Inc. and Intel Corp.
