Back in September 2020, Nvidia announced a mega merger between itself and the enormously influential UK chip company Arm, and that the deal would be worth a staggering $40 billion. However, since then, there has been a lot of corporate and governmental backlash aimed squarely at "team green." At one point, the Federal Trades Commission moved to block Nvidia's acquisition, and while Jensen Huang and co fought back, it looks as though the GPU giant has finally had to give up the ghost.
Nvidia Merger with Arm Officially Terminated
Source:
Pinay Diaries PH
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