SoftBank''s Deal To Sell Arm To Nvidia In "Biggest Semiconductor Deal Ever" Killed By Regulators Here''s some more bad news for SoftBank: it''s planned deal to sell its Arm subsidiary to Nvidia - once billed as "the biggest semiconductor deal ever" - is falling apart as the two companies have failed to win approval from global regulators. While much has changed since the deal was struck in September 2020 (for one, a global supply crunch has restricted access to semiconductors, forcing governments to gather their ''strategic assets'' closely like a squirrel with its nuts), one important fact hasn''t: Following the bloodbath in US-traded tech stocks, SoftBank could really use the cash proceeds from the Arm deal to cover its other losses. It''s also a blow to the many bankers working on a deal that was valued at $40 billion back in September 2020. According to Bloomberg , news about the deal''s demise came out of the Nvidia camp; apparently, the company has been telling its own high-ranking employees that it doesn''t expect the deal to be consummated.
"Volatility Is Back": Futures Resume Sliding After Historic Rollercoaster Reversal Following one of the greatest intraday market reversals in history, US index futures resumed their decline led by the Nasdaq, signaling more pain for richly valued technology shares as investors braced for the highly anticipated Fed meeting and a flurry of earnings as geopolitical tensions between Russia and Ukraine persisted. Companies including GE, J&J, Verizon and Microsoft report earnings on Tuesday, as the Fed starts a two-day meeting. As of 7:30am ET, emini S&P futures were down 60 points or 1.36% to 4,343, Nasdaq futures were down 1.88% or 272 points and Dow futures were down 236 points or 0.68%. The VIX was at 33, after swinging between 29 and 39 on Monday; 10Y Treasury yields were unchanged at 1.77% and the dollar gained. US equities swung in a rollercoaster of volatility on Monday as both underlying gauges had erased intraday losses to end the session slightly higher as dip-buyers came in. According to JPM''s trading desk, yesterday''s 5% reversal in the Nasdaq is an uncommon occurrence: "If you exclude March 2020, yesterday was the 7th 5%+ NDX reversal since GFC.
NVIDIA has reportedly made little to no progress in gaining regulatory approval for its $40 billion purchase of ARM and is privately preparing to abandon the deal, according to Bloomberg''s sources.

Nvidias $40bn take-over of chipmaker Arm from Softbank on brink

12:05pm, Tuesday, 25'th Jan 2022 Evening Standard
NVIDIA is quietly preparing to abandon its purchase of Arm from SoftBank after making little to no progress in winning approval for the $40 billion chip deal, according to people familiar with the matter.
Nvidia is "quietly" preparing to abandon its $40 billion acquisition of British chip designer Arm, Bloomberg News reports.
A report says Nvidia is preparing to drop its purchase of chip designer Arm Ltd. from SoftBank.
US chipmaker Nvidia is reportedly preparing to abandon its $40 billion acquisition of chip designer Arm, according to a report from Bloomberg News. The deal has faced heavy scrutiny from US, UK, and EU regulators.
NASDAQ:NVDA narrowly missed closing the session positive on Monday after a volatile morning provided one of the largest single-day swings in recent me
Stock futures trade lower after last night''s stunning late-session rally; IBM shares leap after solid Q2 earnings, cloud revenue outlook; Microsoft earnings to put gaming, cloud divisions in focus; Tesla moves closer to investment grade rating after Moody''s boost and Nvidia shares slide after a report says its $40 billion Arm deal may be dead.
Nvidia preparing to abandon acquisition of Arm - Bloomberg News
It looks like the prices of Nvidia and AMD GPU prices may finally be coming down. Toms Hardware in the US and 3DCenter.org in Germany are seeing Nvidia RTX 3000 and AMD RX 6000 series graphics cards dip since December.
The day''s most volatile stocks included Moderna, Nvidia and Netflix.
Tech stocks are seeing red today as a number of high growth companies trend down. Concerns over the Fed''s interest rate hikes are mounting.
Servers at a Facebook datacenter. | Photo: Vjeran Pavic Social media conglomerate Meta is the latest tech company to build an AI supercomputer a high-speed computer designed specifically to train machine learning systems. The company says its new AI Research SuperCluster, or RSC, is already among the fastest machines of its type and, when complete in mid-2022, will be the worlds fastest. Meta has developed what we believe is the worlds fastest AI supercomputer, said Meta CEO Mark Zuckerberg in a statement. Were calling it RSC for AI Research SuperCluster and itll be complete later this year. The news demonstrates the absolute centrality of AI research to companies like Meta. Rivals like Microsoft and Nvidia have already announced their own AI supercomputers, which are slightly Continue reading

Chip Stocks: Why NVDA, AMAT, AMD and MU Are Moving Lower Today

06:24pm, Friday, 21'st Jan 2022 InvestorPlace
Chip stocks are on the move Friday and we''re diving into all of the latest news that''s pushing these shares lower today!
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