Nvidia close to giving up on $40B Arm acquisition

AppleInsider
Jan 25, 2022, 7:13 am342 pts
Graphics chipmaker Nvidia may be close to giving up on an acquisition of Arm, with slow progress and industry backlash making it tough for the $40 billion deal to complete. In September 2020, Nvidia initially announced it would be buying Arm from SoftBank for $40 billion in a cash and stock-based purchase.…

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