Update: Current owner SoftBank may now move to an IPO.
Update : Bloomberg is reporting that Nvidia is about to abandon its proposed $40 billion purchase of British chip designer Arm from SoftBank. The move was revealed in September of 2020.
Nvidia – which makes the chips which power the Switch, Switch Lite and Switch OLED – has apparently told partners that it does not expect the deal to reach its conclusion. Meanwhile, SoftBank is preparing for an initial public offering (IPO) of Arm.
Read the full article on nintendolife.com
