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Why Nvidia Is Pursuing ARM — and What It Means for the Stock
Last year, when Nvidia (NVDA) announced it intended to acquire UK chip designer ARM for $40 billion, it set up the prospect of the chip giant becoming, well, even bigger. The addition of ARM’s semiconductor IP portfolio should add another arrow to the quiver, especially when considering ARM’s large exposure to the mobile device market. Since the deal still needs to be approved by the U.S., UK., European and Chinese regulators, it is uncertain whether the acquisition will eventually go through. I
