Arm going public after $66 billion Nvidia buy deal falls apart

Softbank will take Arm public to unload it, after Nvidia officially stopped its purchase due to concerns from regulators and Arm's current customer base.In late 2020, Nvidia announced it would be buying Arm from SoftBank for nearly $40 billion in a cash and stock-based purchase. Nvidia's shares have since increased in value, making the deal worth roughly $66 billion today.However, by January 2022 that Nvidia was already considering backing out of the deal. Read more...