Good news Intel and Qualcomm: Nvidia likely dropping $40B bid to acquire Arm

Apple

Back in 2020, Nvidia declared its intention to purchase chip designer Arm from its owner Softbank for $40 billion. Nearly a year and a half later, Nvidia is reportedly backing out of the deal due to regulatory obstacles.

Apple relies on Arm’s instruction set to fabricate custom processors used in iPhones, iPads, and Macs, although the deal likely wouldn’t have affected this arrangement.

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