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turbinetree

(27,503 posts)
Tue Feb 8, 2022, 03:59 PM Feb 2022

The biggest chip deal in history has fallen apart [View all]

Source: CNN

By Michelle Toh, CNN Business

Updated 10:08 AM ET, Tue February 8, 2022

Hong Kong (CNN Business)SoftBank's record-breaking sale of a prized chip designer to Nvidia has officially been called off.

At an initial value of $40 billion, the US chipmaker's acquisition of British design firm ARM would have been the largest semiconductor deal on record.
But regulators around the world have long raised concerns about the deal, eventually leading to its collapse on Tuesday.

— Rishi Iyengar contributed to this report.

Read more: https://www.cnn.com/2022/02/08/tech/nvidia-arm-deal-softbank-intl-hnk/index.html

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