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NVIDIA plans to hire new employees in Arm after takeover, but is not ready to guarantee the specific amount of jobs
California-based chipmaker NVIDIA is currently in talks with the UK government over its takeover commitments to Arm, including keeping its headquarters in Cambridge.
Arm has 3,004 employees in the UK, according to documentation released last October. Their number should increase by September to 3494. The fact is that the current owner of Softbank has made a legal commitment to double Arm’s headcount within five years after its takeover in 2021. He is now committed to achieving this target, which is due to expire this September.
NVIDIA Pledges to Maintain Arm Chip Development in the UK and Increase Its Investment in Expansion in the Country. However, the company has yet to make any commitment to maintain Arm’s headcount in the UK. The company plans to hire new highly qualified personnel, but does not want to be bound by the limits that are currently required by SoftBank.
In an interview with the Daily Telegraph, NVIDIA CEO Jensen Huang said the firm is wary of being bound by any commitments on the matter. “The professionals we would like to bring to the UK and invest in the UK are not easy to find. This is not to say that they are a dime a dozen, — he said. «I will hire as many Einsteins as there will be.».
Another NVIDIA spokesman said that the company had «constructive negotiations» with the government. “We share the government’s interest in making Arm prosperous in the UK,” he said. «We plan to recruit as many world-class researchers and computer specialists as possible directly in the UK.».