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Guru3D.com » News » Nvidia Might Withdraw $40 Billion Arm Bid

Nvidia Might Withdraw $40 Billion Arm Bid

by Hilbert Hagedoorn on: 01/25/2022 05:10 PM | source: bloomberg | 26 comment(s)
Nvidia Might Withdraw $40 Billion Arm Bid

Bloomberg and EEtimes are suggesting that NVIDIA seems to be silently abandoning the ARM deal. According to people familiar with the subject, after making little to no headway in securing approval for the $40 billion semiconductor transaction.

According to one individual who requested anonymity because to the nature of the conversations, Nvidia has informed partners that it does not expect the purchase to finalize. Meanwhile, SoftBank is ramping up preparations for an Arm initial public offering as a possible alternative to the Nvidia acquisition, another source said.

According to one individual who requested anonymity due to the nature of the conversations, Nvidia has notified partners that the acquisition is unlikely to be completed. Meanwhile, another source indicated that SoftBank is pushing up preparations for an Arm initial public offering as a viable alternative to the Nvidia acquisition.

“We continue to hold the views expressed in detail in our latest regulatory filings -- that this transaction provides an opportunity to accelerate Arm and boost competition and innovation,” Nvidia spokesman Bob Sherbin said.

“We remain hopeful that the transaction will be approved,” a SoftBank spokesperson said in an emailed statement. 







« First Custom GeForce RTX 3050 Spotted in Etail to Cost over 400 EUR · Nvidia Might Withdraw $40 Billion Arm Bid · Khronos Specifications for the Vulkan 1.3 Graphics API »

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Caesar
Senior Member



Posts: 1473
Joined: 2015-06-18

#5986875 Posted on: 01/26/2022 06:18 AM
If i want to buy it ...what shall i need?
:p

Loobyluggs
Senior Member



Posts: 4766
Joined: 2008-09-07

#5986892 Posted on: 01/26/2022 09:06 AM
"No Leather Jackets in hell" is still at the top of my 'what do I call my next book about the trials, tribulations and tests of the tech industry'.

My idea was simple: turn all of the tech industry giants past present and future, into mythological giants preying on the souls of mankind.

I think the movie rights are worth trillions...

Stormyandcold
Senior Member



Posts: 5780
Joined: 2003-09-15

#5987069 Posted on: 01/26/2022 04:53 PM
The Tegra series is far more appealing for Windows users, yet, Nvidia doesn't seem to care to make that happen.


Well, Tegra X1 has done really well via Nintendo Switch. Not sure how well the automobile a.i. side is doing though.

The next Switch is likely going to be huge too so there's no lack of interest in console-land. Unfortunately, I don't know anyone who is using ARM windows.

vestibule
Senior Member



Posts: 723
Joined: 2014-04-21

#5987187 Posted on: 01/27/2022 12:35 AM
Good move green team.

Dribble
Senior Member



Posts: 266
Joined: 2019-01-18

#5987460 Posted on: 01/27/2022 07:01 PM
Its worse. The FTC has also sued to block the deal so add the US as well.

FTC Sues to Block $40 Billion Semiconductor Chip Merger | Federal Trade Commission
This is probably what's killing it it, as to why well it's not in Nvidia's competitors interest and they don't pay lots of money to political parties for nothing.

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