Nvidia is reportedly preparing to abandon its $40 billion Arm acquisition

Found 121 days ago at Neowin

Back in 2020, Nvidia announced that it is acquiring UK chipmaker Arm for a whopping $40 billion . At that time, Arm belonged to SoftBank, which purchased the company for over $32 billion in 2016 . The deal was expected to be completed by September 2021, but that date went by without any announcement from Nvidia, and it now appears that the firm has abandoned its plans to buy the UK chipset...

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