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Nvidia Quietly Prepares to Abandon $40 Billion Arm Bid


tictoc

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Nvidia Corp. is quietly preparing to abandon its purchase of Arm Ltd. from SoftBank Group Corp. after making little to no progress in winning approval for the $40 billion chip deal, according to people familiar with the matter

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https://www.bloomberg.com/news/articles/2022-01-25/nvidia-is-said-to-quietly-prepare-to-abandon-takeover-of-arm?srnd=premium

 

Non-paywalled secondary source: https://www.phoronix.com/scan.php?page=news_item&px=NVIDIA-Reports-No-Arm

 

Edited by tictoc
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CPU: CPU: ><.......7950X3D - Aorus X670E Master - 48GB DDR5 7200 (8000) TridentZ SK Hynix - Giga-G-OC/Galax RTX 4090 670W - LG 48 OLED - 4TB NVMEs >< .......5950X - Asus CH 8 Dark Hero - 32GB CL13 DDR4 4000 - AMD R 6900XT 500W - Philips BDM40 4K VA - 2TB NVME & 3TB SSDs >> - <<.......4.4 TR 2950X - MSI X399 Creation - 32 GB CL 14 3866 - Asus RTX 3090 Strix OC/KPin 520W and 2x RTX 2080 Ti Gigabyte XTR WF WB 380W - LG 55 IPS HDR - 1TB NVME & 4TB SSDs
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Agreed. Would not have been a good thing long term in my opinion.

null

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Honestly still surprised they even tried to buy arm with how big of an issue that would be. Good news for sure. 

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I think ultimately this is for the best. It was never going to get approval...for obvious reasons. 

£3000

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