A 1 25 Billion Hit Nvidia Is Apparently Throwing In The Towel When It Comes To Its Planned Acquisition Of Arm Holdings
NVIDIA (NASDAQ:NVDA) has apparently found it impossible to surmount an ever-increasing pile of obstacles that now litter the path toward its acquisition of Arm Holdings. As per the news that is just trickling in, NVIDIA is reportedly abandoning its much-hyped Arm takeover plans: — *Walter Bloomberg (@DeItaone) January 25, 2022 **Reminder: In case of no deal, Nvidia would not be refunded $1.25B.(More at https://t.co/AW8Jfxxfgf) — TradeTheNews.com (@Trade_The_News) January 25, 2022 As a refresher, Arm Holdings is currently owned by Japan’s SoftBank Group....