It’s Official, Nvidia Is Abandoning Its $40 Billion Purchase Of British Chip Designer Arm

Update: Regulatory issues nix proposed deal.

Update #2 : Nvidia has officially abandoned its proposed purchase of UK chip designer Arm after regulatory hurdles proved insurmountable (thanks, The Guardian).

Arm owner SoftBank – which purchased Arm back in 2016 for $32 billion – said today that Arm would now prepare for a stock market flotation before the end of the financial year to 31st March, 2023.

Read the full article on nintendolife.com