Nvidia to Scrap $40-Billion Acquisition of Arm After Objections From Regulators: Report

US firm Nvidia is scrapping its $40 billion (roughly Rs. 2,98,600 crore) bid to buy UK mobile chip technology powerhouse Arm from SoftBank after persistent objections from regulators.

Feb 8, 2022 - 22:25
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Nvidia to Scrap $40-Billion Acquisition of Arm After Objections From Regulators: Report
US firm Nvidia is scrapping its $40 billion (roughly Rs. 2,98,600 crore) bid to buy UK mobile chip technology powerhouse Arm from SoftBank after persistent objections from regulators.