Good. It would have concentrated too much IP and power in one company.
Mr. Huang will just have to get to a trillion-dollar market cap some other way. Cap at yesterday's close $800.5 billion, although the stock is down a couple bucks (0.67%) in early pre-market trade.
From CNBC, December 3:
- The deal is facing an increasing number of regulatory probes.
- “I believe it’s highly unlikely it will go through,” Gartner chip analyst Alan Priestley told CNBC.
- The deal was set to be completed by March 2022 but Nvidia CEO Jensen Huang admitted in August that it would probably go beyond that date.
Nvidia’s $40 billion acquisition of U.K. chip designer Arm is looking increasingly unlikely to go through, according to Gartner semiconductor analyst Alan Priestley.
The deal is facing a growing number of regulatory probes around the world, Priestley said, pointing to concerns in the U.K., the EU, the U.S. and China.
“I believe it’s highly unlikely it will go through,” Priestley told CNBC Wednesday. Nvidia and Arm did not immediately respond to a CNBC request for comment.
The deal was set to be completed by March 2022 but Nvidia CEO Jensen Huang admitted in August that it would probably go beyond that date....
....MUCH MORE
