Nvidia
The sale between SoftBank Group and Nvidia, at the time the largest chip deal in history, is no longer in the works. In a joint statement, the companies said the slated acquisition was rocked by “significant regulatory challenges.”
U.S. graphics chip giant Nvidia planned to buy British processor designer Arm from SoftBank in an acquisition projected to be worth $66 billion. The companies announced the takeover in September 2020. However, critics early on said it would be a “disaster” if Nvidia bought the company.
Learn why the FTC said the deal would have created a monopoly.
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