Stay updated with breaking news from Simon Segars. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
SoftBank has dropped its plans to sell the British semiconductor and software design company Arm to U.S. chipmaker Nvidia. The Federal Trade Commission had sued to block the $40 billion deal.
TOKYO (AP) — SoftBank's planned sale of the British semiconductor and software design...
TOKYO — SoftBank's planned sale of the British semiconductor and software design company Arm to U.S. chipmaker Nvidia has fallen through, but the
SoftBank has dropped its plans to sell the British semiconductor and software design company Arm to U.S. chipmaker Nvidia. The Federal Trade Commission had sued to block the $40 billion deal.
The acquisition of ARM by NVIDIA has been abandoned. Nvidia and Softbank announced the abandonment of buyout in a press release.