NVIDIA and SoftBank Group Corp. (SBG) today announced a definitive agreement under which NVIDIA will acquire Arm Limited from SBG and the SoftBank Vision Fund (together, "SoftBank") in a transaction valued at $40 billion. The transaction is expected to be immediately accretive to NVIDIA's non-GAAP gross margin and non-GAAP earnings per share.

The combination brings together NVIDIA's leading AI computing platform with Arm's vast ecosystem to create the premier computing company for the age of artificial intelligence, accelerating innovation while expanding into large, high-growth markets. SoftBank will remain committed to Arm's long-term success through its ownership stake in NVIDIA, expected to be under 10 percent.

Ausounds is a newcomer to the audio market as a retail product provider, but the founders have decades of experience in the music industry, and have been creating audio solutions for musicians for a while now. The company invited us to check out the brand, as well as their new products, at CES 2020 and we obliged as we usually do in an attempt to shine more light on relatively unknown companies in addition to the mainstream ones. They took the time to introduce their new AU-X active noise cancelling planar magnetic driver headphones to us, which feature 54 mm planar drivers on each earcup and four noise cancelling microphones working in a hybrid mode to allow up to 28 dB of ANC. The headphones are tuned for a transparent frequency response combined with a large soundstage and, in my limited testing, offered excellent discerning of the mid-high tones, especially when it comes to jazz and classical music.

The AU-X ANC Planar headphones have dual microphones also for calling/audio out, an included battery of 800 mAh for a rated 25 hours of battery life which the company claims is on the conservative side (think closer to 28 hours), and touch controls on the earcups for volume and media playback. Bluetooth 5.0 and 3.5 mm aux inputs complement the headphones for portability, and AptX-HD + Hi-Res certification round off the headphones which are rated for a 20 Hz-40 KHz frequency response, 32 Ω impedance, an SPL of 98 +/- 3 dB, and 280 grams in mass with protein leather earpads similar to those in the Bose QC35. The AU-X headphones cost $299.95 and will ship in March 2020. Read past the break for more on their equally new AU-Stream Hybrid earbuds.

Goldman Sachs, citing problems with Intel's 10 nm manufacturing process delivery - which was supposed to be available in the market for years now - has reduced the blue giant's stock rating. Previously at a "neutral" stance - already downgraded in the face of Intel's manufacturing woes - the stock is now at a "Sell" level. Even though Intel is still outperforming the S&P 500's 6.7 percent return with their (current) 8.6 percent this year through Thursday, the outlook isn't good for the company.

"We see Intel's struggles with 10 nm process technology having ramifications in terms of its competitive position - across a broad set of products. While the 10nm push is well-publicized at this point, we believe Intel's manufacturing issues could potentially be deeper-rooted than what most think and could have a sustained impact on market share and/or spending levels as Intel competes with a growing/stronger TSMC eco-system."

Goldman Sachs Analyst Toshiya Hari