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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wolf who wrote (171112)	1/25/2022 6:32:12 AM
From: JeffreyHF	3 Recommendations Recommended By Dr. John Lance Bredvold pheilman_ Read Replies (1) \| Respond to of 196359

The Nvidia for ARM deal was doomed from the start. That begs the question of where acquisitive Nvidia will turn its intentions, and its inflated corporate currency, next? There's money to be made by prescient investors, who divine the answer.

To: Bill Wolf who wrote (171112)	1/25/2022 7:08:31 AM
From: Bill Wolf	Respond to of 196359

Nvidia Stock Slides on Plans to Abandon Arm Acquisition: Report By Joe Woelfel Updated Jan. 25, 2022 6:34 am ET / Original Jan. 25, 2022 6:25 am ET Shares of Nvidia were falling in premarket tradingTuesday after Bloomberg reported the company was preparing to drop its purchase of chip designer Arm Ltd. from SoftBank . Nvidia (ticker: NVDA) is preparing to abandonits purchase of Arm after making little to no progress in winning approval for the $40 billion acquisition, Bloomberg reported, citing people familiar with the matter. Nvidia has told partners it doesn’t expect the transaction to close, one person told Bloomberg. Another said SoftBank was revving up preparations for an alternative initial public offering of Arm. Nvidia shares fell 3% to $226.73 in premarket trading. Nvidia has encountered many roadblocks in its attempted purchase of Arm, with the latest coming in early December when the Federal Trade Commission sued to block the deal, citing competition concerns. Nvidia vowed to press ahead at the time even though the transaction also faces further scrutiny in Europe and China. Bloomberg reported that both Nvidia and Arm were still pleading theircase to regulators, and that no final decisions have been made. “We continue to hold the views expressed in detail in our latest regulatory filings — that this transaction provides an opportunity to accelerate Arm and boost competition andinnovation,” Nvidia spokesman Bob Sherbin told Bloomberg. Barron’s emailed Nvidia for comment on the report but has yet to receive a response. Write to Joe Woelfel at joseph.woelfel@barrons.com