LONDON/NEW YORK (Reuters) SoftBanks decision to list British chip designer Arm is good news for New York, bad news for London and the best option left for the Japanese group after the collapse of its blockbuster sale to Nvidia. Arm, whose technology underpins the global smartphone industry, is most likely to float on the Read More
LONDON/NEW YORK: SoftBank''s decision to list British chip designer Arm is good news for New York, bad news for London and the best option left for the Japanese group after the collapse of its blockbuster sale to Nvidia. Arm, whose technology underpins the global smartphone industry, is most likely to float

SoftBank''s choice of New York for Arm listing deals a blow to London

06:28pm, Tuesday, 08'th Feb 2022 Channel NewsAsia
LONDON/NEW YORK: SoftBank''s decision to list British chip designer Arm is good news for New York, bad news for London and the best option left for the Japanese group after the collapse of its blockbuster sale to Nvidia. Arm, whose technology underpins the global smartphone industry, is most likely to float

Nvidia drops plans to buy Arm for $40B

06:17pm, Tuesday, 08'th Feb 2022 ComputerWorld
Graphics chipmaker Nvidia has announced its dropping plans to buy chip designer Arm from SoftBank Group Corp. for $40 billion after regulators pushed back over antitrust concerns. In a joint statement issued today , US-based Nvidia and Japan-based Softbank said they terminated the agreement theyd been working on since September 2020 because of significant regulatory challenges. To read this article in full, please click here

Mark Zuckerberg''s metaverse eclipsed

06:13pm, Tuesday, 08'th Feb 2022 Big News Network
Nvidia ascended rapidly from 50th spot two years ago to become more valuable than Meta Chipmaker Nvidia became the seventh-largest US company on Monday as it overtook Facebook parent Meta for the first time, according to Dow Jones Market Data. The firm finished the trading session with a market value of over $618 billion, while Meta closed at $612.2 billion. Shares of Nvidia were up 1.7%, while F
The combination of the two chipmakers would have enabled many industries to accelerate innovation, and that would have benefited everyone.

Statement on CMAs investigation in to Arm takeover by Nvidia

05:52pm, Tuesday, 08'th Feb 2022 Mirage News
Nvidia has today announced it will withdraw from its proposed deal with Arm. As a result, the Competition and Markets Authority (CMA) has confirmed it

Why Nvidia Stock Dipped Today, Then Rebounded

05:41pm, Tuesday, 08'th Feb 2022 The Motley Fool
The merger of Nvidia and Arm Holdings is officially dead.
Nvidia stock is falling after it will ditch its plans to acquire Arm. That may not be so bad, though.
SoftBank has dropped its plans to sell the British semiconductor and software design company Arm to U.S. chipmaker Nvidia. The Federal Trade Commission had sued to block the $40 billion deal.
Nvidia and Japan''s SoftBank call off Nvidia''s purchase of chip design company Arm. SoftBank, which owns Arm, says it plans to take the U.K.-based chip business public.
NVDA slipped on the official death of its Arm merger. PFE declined on earnings news. GM fell on an analyst''s downgrade. CHGG got a boost from its quarterly results.

SoftBank Pitches IPO for Arm After Deal With Nvidia Falls Through

01:36pm, Tuesday, 08'th Feb 2022 The Wall Street Journal
Antitrust concerns scrapped a sale of the chip designer that could have brought $80 billion to the Japanese tech investor, but CEO Masayoshi Son sees an upside.
Nvidia has terminated its bid to acquire Arm as a result of insurmountable regulatory hurdles.
Nvidia Corp. said Tuesday it expects to book a charge of $1.36 billion in the first quarter of fiscal 2023 due to the termination of its agreement to acquire Arm Ltd. from Softbank Group Corp. . The parties agreed to terminate the deal due to "significant regulatory challenges Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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