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    That big deal for Nvidia to buy computer chip giant Arm has come crashing down

    SoftBank has dropped its plans to sell the British semiconductor and software design company Arm to U.S. chipmaker Nvidia. The Federal Trade Commission had sued to block the $40 billion deal.
    by The Associated Press Feb 08, 2022 3 minutes

    TOKYO — SoftBank's planned sale of the British semiconductor and software design company Arm to U.S. chipmaker Nvidia has fallen through, but the Japanese technology investor immediately turned bullish on taking it public.

    SoftBank Group Corp. said Tuesday it plans an initial public offering of Arm after the intended sale to Nvidia failed due to regulatory problems. It said the IPO would come sometime in the fiscal year ending in March 2023.

    Chief Executive Masayoshi

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