Good news Intel and Qualcomm: Nvidia likely dropping $40B bid to acquire Arm<div class="feat-image">
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<p>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. </p>
<p>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.</p>
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Good news Intel and Qualcomm: Nvidia likely dropping $40B bid to acquire Arm