NVIDIA (NVDA) Working to Abandon $40 Billion Arm Takeover - Bloomberg
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Potential Arm Deal Cancelation is a Net Positive for Nvidia (NVDA) - BofA
January 26, 2022 10:00 AM ESTFollowing yesterdays report on Bloomberg that Nvidia (NASDAQ: NVDA) is quietly working to abandon Arm acquisition, BofA analyst Vivek Arya sees this potential move as a net positive for the company.
The analyst believes Nvidia will be better off in channeling funds/equity reserved for Arm towards other growth endeavors in AI,... More
