Way back in September 2020, NVIDIA announced its intention to purchase semiconductor manufacturer ARM for $40 billion. Fast forward almost a year-and-a-half
Way back in September 2020, NVIDIA announced its intention to purchase semiconductor manufacturer ARM for $40 billion. Fast forward almost a year-and-a-half later and now there’s word that NVIDIA might be backing away from the acquisition. While neither company has confirmed the notion that NVIDIA is getting cold feet, it wouldn’t be shocking considering that the acquisition has faced scrutiny and even lawsuits from regulatory agencies. Sundry Photography/Shutterstock Bloomberg reports today that NVIDIA may be gearing up to drop its planned acquisition of ARM, according to unnamed sources familiar with the matter. Today’s report paints a rather grim picture for the acquisition, noting not only the regulatory opposition NVIDIA has faced, but also the opposition from major players in the industry, including Microsoft, Qualcomm, and Intel. While NVIDIA initially promised ARM would remain neutral should the acquisition go through, those competitors aren’t convinced that’s likely to happen.
