Nvidia calls off US$40 billion Arm acquisition
Nvidia’s acquisition of chipmaker Arm has been called off. Nvidia had agreed a landmark deal to acquire Arm for US$40 billion in September 2020, but regulatory pushback has seen the acquisition scrapped. As per the terms of the initial agreement, Nvidia will pay Arm’s parent company SoftBank US$1.25 billion for the deal falling through. Regulatory […]