A planned US$66 billion merger between British semiconductor company Arm Ltd. and American hardware company Nvidia is cancelled after facing regulatory pressures from the United States, the European Union, the United Kingdom, and China. Arm says that it will instead go public sometime before March 2023. If the deal were successful, it would have been the largest merger in the history of the semiconductor industry.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/AGP24XZAZNMMZICNA5ON6ZBVBQ.jpg "SoftBank's sale of Arm to Nvidia collapses, Arm to IPO - source © Reuters")