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Nvidia drops plans to buy Arm for $40B
Nov 13,2023
Graphics chipmaker Nvidia has announced it's dropping plans to buy chip designer Arm from SoftBank Group Corp. for$40 billion after regulators pushed back over antitrust concerns. In a joint statement issued today, US-based Nvidia and Japan-based Sof...
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This year's biggest tech IPO begins as ARM hits Nasdaq
Nov 13,2023
The year's most hotly anticipated initial public offering (IPO) in tech opened at the starting bell this morning, with ARM Holdings' (ARM) stock beginning the day on Nasdaq at$51 per share. That's the cost per share for the 10% of the company (95.5 m...
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Why Apple may be planning life after Arm
Nov 13,2023
Potentially more significant than the deeply unethical NSO Group hack or Apple's new product plans for 2022, Nvidia's attempt to acquire Arm seems unlikely to succeed, leaving the world's most important silicon development company in limbo. Who will ...
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Arm to cut up to 15% of jobs following failed takeover by Nvidia
Nov 13,2023
British chip designer Arm is cutting up to 15% of its workforce, just a month after a$40 billion takeover from chipmaker Nvidia collapsed. Arm CEO Rene Haas, who only took the role in February this year, told staff on Monday that between 12% to 15% o...
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Nvidia may abandon its $40B ARM acquisition
Nov 13,2023
I can't help but imagine sighs of relief may be heard from Cupertino on the news Nvidia may abandon its attempt to acquire Apple's strategically important supplier, Arm. Competitive concerns put deal on ice Nvidia has reportedly told partners it does...
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Arm , Apple's chip design partner, plans US stock listing
Nov 13,2023
Apple's iPhones, Macs, iPads, and other devices all make some use of reference chip designs from Arm, the UK processor design company. Now the company plans to list its shares on the US NASDAQ stock exchange in a move that once again confirms the poo...
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