NVIDIA at Risk of Losing $1.25 Billion over Delayed Arm Deal

[Tsing]

Image: NVIDIA



NVIDIA is at risk of losing a sizable chunk of change due to all of the delays and other difficulties that it keeps encountering with its takeover of Arm. As reported by The Telegraph, the company has begun voicing concerns over the potential loss of its downpayment for the renowned British chipmaker, which exceeds $1 billion. The money won’t be refunded in the event that regulators opt to kill the acquisition.



“If the transaction does not close due to failure to receive regulatory approval, and all other covenants have been met, we will not be refunded $1.25bn of the advanced consideration,” NVIDIA said.



From The Telegraph:



Nvidia had originally hoped to close the deal in early 2022, with the option to extend talks until September.But the takeover is facing an in-depth investigation by the UK’s Competition and Markets Authority (CMA) and another...

Continue reading...

 

[Peter_Brosdahl]

Well, we've got a slew of articles regarding the tennis match between NVIDIA and the regulators that can be seen here. Neither side has been overly capitulating with the other.

 

[Zarathustra]

Sucks to be Nvidia investors, but honestly, the whole world is better off if this deal falls through.

 

[GunShot]

Jensen:

"All of our extra scalping money... gone... I mean... BAM... just like that, gooOOoone!"

Gamers:

 

[Burticus]

The market doesn't seem to have noticed... or care too much. NVDA up $18.73 today

 

[Grimlakin]

All nvidia has to do is release a couple hundred thousand chips for video cards at a slightly increased price and BOOM losses disappear. The market is so hungry for their product if they DIDN'T have some sitting on a shelf they will regret it.

 

[Brian_B]

All nvidia has to do is release a couple hundred thousand chips for video cards at a slightly increased price and BOOM losses disappear. The market is so hungry for their product if they DIDN'T have some sitting on a shelf they will regret it.

You are 100% correct: Here comes the 2060 12G edition!