Relief and challenges for chipmakers as Nvidia-Arm megadeal collapses

SHANGHAI : The chip industry is breathing a sigh of relief over the aborted purchase of ARM Ltd by U.S. chipmaker Nvidia Corp but the firms and their shareholders are left with challenges the deal would have addressed.

This prediction played out on Tuesday as SoftBank shelved the sale citing those very regulatory hurdles, with the transaction drawing scrutiny in the United States, Britain and European Union. Due to their low energy consumption, Arm-based chips were perfectly suited for mobile devices, and the company's technology underpinned the smartphone wave, licensing more and more powerful processor designs to Apple and its rivals.

Arm dominates the market for smartphone application processors, with customers including Apple and Qualcomm Inc.

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Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

SoftBank's $66 billion sale of Arm to Nvidia collapses - FTSoftBank Group Corp's $66 bln sale of Arm Ltd to U.S. chipmaker Nvidia Corp has collapsed on Monday, the Financial Times reported, citing three people with direct knowledge of the transaction.The Japanese investment giant would receive a break-up fee of up to $1.25 billion, the newspaper quoted one of the
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »