Nvidia may abandon its $40 billion Arm acquisition, report says
Nvidiais getting ready toabandon its acquisitionof chipmakerArmafter struggling to get regulatory approval, Bloomberg reported Tuesday. The company apparently told partners it doesn’t expect the$40 billion dealto close. Japanese tech giantSoftBankagreed tosell Arm to Nvidiain September 2020 as part of the chip industry’s largest deal ever.