Nvidia Calls Off Acquisition of Chip-Designer Arm. It’s Not a Surprise.

4 months ago 91
PR Distribution

Shares of Nvidia barely budged in premarket trading Tuesday after the graphics chipmaker and Japan’s SoftBank agreed to call off Nvidia’s deal to buy microprocessor design house Arm.

The deal’s collapse doesn’t come as a surprise.

“The parties agreed to terminate the agreement because of significant regulatory challenges preventing the consummation...

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