Nvidia 'returns favour', sells its entire stake in chip company owned by Japanese giant Softbank
Nvidia has reportedly sold its entire 1.1 million share stake in Arm Holdings for approximately $140 million. This divestment concludes a complex relationship, following Nvidia's failed $40 billion acquisition attempt of Arm. SoftBank also recently sold its Nvidia stake to fund a significant investment in OpenAI.
Nvidia has reportedly sold its entire 1.1 million share stake in Arm Holdings for approximately $140 million. This divestment concludes a complex relationship, following Nvidia's failed $40 billion acquisition attempt of Arm. SoftBank also recently sold its Nvidia stake to fund a significant investment in OpenAI.
