Nvidia shares slipped lower Tuesday after it formally called-off its planned $40 billion takeover of chipmaker Arm Holdings from Japan''s SoftBank Group.
NVIDIA Corporation (NVDA) has reportedly called off its proposed deal to acquire Arm Limited after opposition from several regulatory bodies worldwide over competition concerns.
Arash Massoudi of the Financial Times discusses why Softbank's mega-deal to sell chip maker Arm Holdings to Nvidia ultimately fell apart.
The semiconductor giants issued a joint statement Tuesday saying the deal has been scrapped due to "significant regulatory challenges."
SoftBank Group Corp (OTC: SFTBY) (OTC: SFTBF) aims for an initial public offering for Arm Ltd. Nvidia Corp's (NASDAQ: NVDA) just abandoned the proposed acquisition of the chip designer amid fier

SoftBank Clocks 6% Revenue Growth In Q3

05:58am, Tuesday, 08'th Feb 2022
SoftBank Group Corp  SFTBY reported a third-quarter FY21 revenue growth of 6% Y/Y to ¥1.6 trillion. Arm revenue grew 20.6% Y/Y to ¥66 billion.
Softbank Vision Fund 2 led a $300 million investment in Pune-headquartered commerce platform ElasticRun alongside Goldman Sachs and existing investor Prosus Ventures, valuing the unicorn at $1.5 billi
Richard Windsor, founder of Radio Free Mobile, discusses the collapse of Nvidia's planned acquisition of Arm from SoftBank.
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.

Japan's SoftBank drops sale of Arm, plans IPO

03:48am, Tuesday, 08'th Feb 2022
Japanese technology investor SoftBank said Tuesday its planned sale of the British semiconductor and software design company Arm to U.S. chip maker Nvidia has fallen through.
The deal was originally announced in 2020 and had a value at the time of $40 billion in Nvidia stock and cash, before Nvidia's stock rose.

Nvidia, SoftBank call off blockbuster Arm deal

01:42am, Tuesday, 08'th Feb 2022
Nvidia Corp. and Japan's SoftBank Group Corp. are abandoning a blockbuster deal for the U.S. semiconductor giant to acquire chip-design specialist Arm after regulators raised antitrust concerns, a per
SoftBank Group Corp reported on Tuesday that it had squeezed out a net profit of 29 billion yen ($251 million) for the quarter from October to December, as tech portfolio valuations weaken at its Visi
The collapse of SoftBank Group Corp's deal to sell chip designer Arm to Nvidia marks a major setback to the Japanese conglomerate's efforts to generate funds at time when valuations across its portfol
SoftBank now expected to pursue an IPO worth $80 billion, the Financial Times reports.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE