Electronics > Microcontrollers
Nvidia Acquiring ARM for $40 Billion -- Good or Bad for the Industry?
nfmax:
And the sale is abandoned: https://www.theguardian.com/business/2022/feb/08/nvidia-takeover-arm-collapses-softbank
Anyone up for subscribing to the IPO next year? ;)
Bassman59:
--- Quote from: nfmax on February 08, 2022, 03:42:49 pm ---And the sale is abandoned: https://www.theguardian.com/business/2022/feb/08/nvidia-takeover-arm-collapses-softbank
Anyone up for subscribing to the IPO next year? ;)
--- End quote ---
NVDA is pretty much flat today, so obviously "The Market" expected this, as the stock had been trending down for a couple of months. (Though that's the general market direction too.)
What I found odd was that the British government claimed "ARM is British! British jobs!" etc etc, but that apparently wasn't important when SoftBank bought it.
Sal Ammoniac:
--- Quote from: Bassman59 on February 08, 2022, 05:14:16 pm ---
--- Quote from: nfmax on February 08, 2022, 03:42:49 pm ---And the sale is abandoned: https://www.theguardian.com/business/2022/feb/08/nvidia-takeover-arm-collapses-softbank
Anyone up for subscribing to the IPO next year? ;)
--- End quote ---
NVDA is pretty much flat today, so obviously "The Market" expected this, as the stock had been trending down for a couple of months. (Though that's the general market direction too.)
What I found odd was that the British government claimed "ARM is British! British jobs!" etc etc, but that apparently wasn't important when SoftBank bought it.
--- End quote ---
Yeah, I did find that odd, especially since Nvidia is a U.S. company. I wonder how they would have reacted if a Chinese company tried to buy ARM?
Marco:
--- Quote from: nfmax on February 08, 2022, 03:42:49 pm ---Anyone up for subscribing to the IPO next year? ;)
--- End quote ---
Maybe to dump it almost immediately, but that's a hell of a gamble on sentiment. The fundamentals are awful.
Long term just buy Apple instead for a stock to hold, this was better news for Apple than Arm.
Bassman59:
--- Quote from: Sal Ammoniac on February 08, 2022, 05:44:02 pm ---
--- Quote from: Bassman59 on February 08, 2022, 05:14:16 pm ---
--- Quote from: nfmax on February 08, 2022, 03:42:49 pm ---And the sale is abandoned: https://www.theguardian.com/business/2022/feb/08/nvidia-takeover-arm-collapses-softbank
Anyone up for subscribing to the IPO next year? ;)
--- End quote ---
NVDA is pretty much flat today, so obviously "The Market" expected this, as the stock had been trending down for a couple of months. (Though that's the general market direction too.)
What I found odd was that the British government claimed "ARM is British! British jobs!" etc etc, but that apparently wasn't important when SoftBank bought it.
--- End quote ---
Yeah, I did find that odd, especially since Nvidia is a U.S. company. I wonder how they would have reacted if a Chinese company tried to buy ARM?
--- End quote ---
Instead of the Japanese company that already owns it.
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