Nvidia's $40 billion Arm acquisition is now ‘highly unlikely’ to go through, analyst says [MSNBC.com]
NVIDIA Corporation (NVDA)
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Source: MSNBC.com
In this articleJen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company's event at World Americas in Los Angeles on Oct. 21, 2019.Patrick T. Fallon | Bloomberg | Getty ImagesThe deal is facing a growing number of regulatory probes around the world, Priestley said, pointing to concerns in the U.K., the EU, the U.S. and China."I believe it's highly unlikely it will go through," Priestley told CNBC Wednesday. Nvidia and Arm did not immediately respond to a CNBC request for comment.The deal was set to be completed by March 2022 but Nvidia CEO Jensen Huangadmitted in AugustArm was spun out of an early computing company called Acorn Computers in 1990. The company's energy-efficient chip designs are used in 95% of the world's smartphones and 95% of the chips designed in China. The company,bought by Japan's SoftBankCritics are concerned that the merger with Nvidia — which designs its own chips — could restrict access to Arm's "neutral" semiconductor d
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