Is NVIDIA's Acquisition of Arm Holdings Doomed?
Late last year, NVIDIA (NASDAQ: NVDA) announced that it intended to buy mobile-chip designer Arm Holdings from SoftBank (OTC: SFTB.Y) in a deal valued at $40 billion. The company pointed to the opportunities surrounding the Internet of Things and artificial intelligence (AI), saying the capabilities of the two processor specialists would perfectly position the company for "the age of AI." However, in the ensuing months, a number of big tech companies, including Qualcomm (NASDAQ: QCOM), Microsoft (NASDAQ: MSFT), and Google parent Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), have come out against the deal, and the U.S. Federal Trade Commission (FTC) has launched an investigation into the acquisition.
In this clip from Motley Fool Live, recorded on Feb. 16,"The Wrap" host Jason Hall and Fool.com contributors Danny Vena and Dan Caplinger discuss whether these objections will ultimately affect the outcome of the deal.
Source Fool.com
