The US Federal Trade Commission (FTC) has sued to block Nvidia’s $40bn acquisition of Arm over concerns that the combined firm would stifle competition as well as innovation in the global chip market. The agency argues that the proposed vertical deal would give Nvidia control over the computing technology and designs that rival firms rely […] The post FTC launches lawsuit to block Nvidia’s ‘anticompetitive’ Arm acquisition appeared first on TECHTELEGRAPH .

Bubble Market Bloodbath As Powell-Put-Strike Plunges

09:01pm, Friday, 03'rd Dec 2021 Zero Hedge
Bubble Market Bloodbath As Powell-Put-Strike Plunges What a shitshow! It appears that the Hindenburg Omen struck again Source: Bloomberg Bubble markets busted... Source: Bloomberg Omicron anxiety? Good news is bad news? Taper Tantrum? Technical Default fears? It was all going so well as long as ''gurus'' could rely on The Fed do support the market with the promise of moar. But sometimes, things just need to purged... Worst 3-day start to a December for stocks in about 20 years. Since Omicron reared its ugly head, Small Caps are down over 8%, Nasdaq down over 5% and the rest of the US majors down over 4%... This is the longest stretch of +/-1% swings for the S&P 500 since the election... Source: Bloomberg A very technical late-day bounce lifted Nasdaq to its 100DMA, bounced The Dow off its 200DMA, but couldn''t break the S&P back above its 50DMA... New 52-week lows are surging... Source: Bloomberg Within the Nasdaq (3765 stocks) 5 stocks Microsoft, Google, Apple, Nvidia, Tesla account for 71% of 19% YTD gain.

Unpacking the Nvidia Stock Pullback

07:30pm, Friday, 03'rd Dec 2021 Schaeffers Investment Research
NVDA is up 139% year-to-date still

United States sues to block Nvidia''s proposed $40-bn takeover of Arm

06:15pm, Friday, 03'rd Dec 2021 Business Standard
The Federal Trade Commission said in a statement that the acquisition would deliver Nvidia vast sway over the market by giving it control over chip designs
The FTC has sued Nvidia to stop its acquisition of semiconductor patent holder Arm. What do analysts think about NVDA stock going forward?

NVIDIA Co. (NASDAQ:NVDA) Receives $326.78 Average Price Target from Analysts

05:50pm, Friday, 03'rd Dec 2021 Dakota Financial News
Shares of NVIDIA Co. (NASDAQ:NVDA) have been assigned a consensus recommendation of Buy from the thirty-four analysts that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating, twenty-eight have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month []

Nvidia Wants the Biden Administration to Lower Price of GPUs

05:45pm, Friday, 03'rd Dec 2021 Techtelegraph
Nvidia and other computing companies are calling on the Biden administration to lower the cost of graphics cards. In several comments sent to the office of the United States Trade Representative (USTR), the companies called for an exclusion from the tariffs that could increase graphics card prices by as much as 25%. In October, the [] The post Nvidia Wants the Biden Administration to Lower Price of GPUs appeared first on TECHTELEGRAPH .

FTC sues to block Nvidia deal to buy Arm

04:28pm, Friday, 03'rd Dec 2021 Business Insurance
The Federal Trade Commission Thursday sued to block U.S. chip company Nvidia Corp.''s more than $80 billion planned acquisition of British chip technology provider Arm, adding to already significant global regulatory challenges to the deal.

NVIDIA wants to block Nvidias ARM acquisition

04:17pm, Friday, 03'rd Dec 2021 Android Community
In the tech world, a big company cannot just buy another big brand if it can afford and wants too. Both companies need to prove many things. The Federal Trade Commission is responsible to check such acquisitions and mergers. The latest its been checking is Nvidias acquisition of Arm. The FTC is suing to block []
Nvidia''s contentious acquisition of UK chip designer Arm is facing yet another roadblock as the FTC is suing Nvidia to block the deal.
By Nivedita Balu (Reuters) - Nvidia Corp''s dreams of acquiring British chip technology provider Arm for a hefty price of over $80 billion may not materialize, but analysts believe the chipmaker has plenty to focus on as it pushes into the metaverse. On Thursday, the U.S. Federal Trade Commission sued to block the deal, which has been mired in global regulatory s
The suit marks the FTC''s first big antitrust action under the leadership of antitrust firebrand Lina Khan. There could be lots more to come. The Federal Trade Commission is…
The Federal Trade Commission on Thursday sued to block graphics chip maker Nvidias $40 billion purchase of chip designer Arm, saying the deal would create a powerful company that could hurt the growth of new technologies. Nvidia Corp., based in Santa Clara, California, said in September 2020 that it was buying United Kingdom-based Arm Ltd.
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