Nvidia Preparing to Walk Away From Arm Acquisition: Report

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Nvidia is preparing to abandon its purchase of Arm from SoftBank Group after offering about $40 billion (roughly Rs. 2,99,130 crore) for the British company in 2020, Bloomberg News reported on Tuesday, citing people familiar with the matter. The US chipmaker has told partners that it does not expect the deal to close, while SoftBank is stepping up preparations … Read more