From a new report from Bloomberg, NVIDIA is ready to give up on their multi-billion plan to purchased ARM chipset business. Instead, SoftBank (The parent company of ARM) Might file for an initial public offering for ARM. NVIDIA does make chips for many different kinds of electronics, importantly their stock-heavy deal of arm has risen in value since it was announced in 2022 two-part of growth of NVIDIA’s sales of chips for data centers.
And NVIDIA spokesperson said that NVIDIA is continuing to believe the acquisition, They say that it provides an opportunity to accelerate arm and boost competition and innovation.
NVIDIA would, oh SoftBank $1.25 billion if their purchase of ARM failed. The collapse of this deal is not a surprise as the US and European regulators have been moving against this transaction, Specifically, in December, EU. S Federal State Commission stood to block the invidious purchase of ARM. They said that this deal would stop competition and the chipset space making NVIDIA the only player (Which is not good)
They want to stop NVIDIA from having entire power in the chip industry. And that is kind of Fair. So NVIDIA lost basically. The steel probably won’t be happening in NVIDIA is going to be dropping it silently. Pretty awkward if you’d ask me.
