Nvidia Abandons Arm Acquisition in Face of 'Significant Regulatory Challenges'

As expected, Nvidia has officially abandoned efforts to acquire chip maker Arm after talks reportedly "collapsed" between the two parties on Monday, according to the Financial Times. From the paywalled report: SoftBank and Nvidia said they had agreed to scrap the deal because of "significant regulatory challenges preventing the consummation of the transaction, despite good faith efforts by the parties." Reports late last month suggested California-based Nvidia was edging away from its planned ac...