Nvidia preparing to walk away from Arm acquisition
The Hindu
European Commission filing showed that EU antitrust regulators have resumed their investigation of the deal and set a new deadline of May 25 for their decision.
Nvidia Corp is preparing to abandon its purchase of Arm Ltd from SoftBank Group Corp , Bloomberg News on Tuesday, citing people familiar with the matter.
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The U.S. chipmaker has told partners that it does not expect the deal to close, the report said, adding that SoftBank is stepping up preparations for an initial public offering (IPO) of Arm.
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When the conflict in West Asia, which began with the U.S. and Israel’s attack on Iran on February 28, escalated into a regional war, analysts said that the war would last as long as Iran had missiles or until the Gulf nations ran out of interceptors. However, with “emergency” military sales, piling monetary costs and a strained supply chain, is the U.S. becoming too constrained in its effort to keep the war going — both militarily and monetarily?