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Nvidia spent $900M to hire Enfabrica CEO, employees, license tech, CNBC says

Nvidia (NVDA) has spent over $900M to hire Enfabrica CEO Rochan Sankar as well as other employees at the startup and to license its technology, Lora Kolodny, Jordan Novet, and Kif Leswing of CNBC reports. Nvidia is paying cash and stock in the transaction, which closed last week, people familiar with the arrangement told CNBC.

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