Nvidia may abandon its $40B ARM acquisition

I can’t help but imagine sighs of relief may be heard from Cupertino on the news Nvidia may abandon its attempt to acquire Apple’s strategically important supplier, Arm.Competitive concerns put deal on ice
Nvidia has reportedly told partners it doesn’t expect the acquisition to go ahead. That said, both Nvidia and SoftBank appear to be pressing forward with the deal for the time being; Nvidia stands to lose $1.25 billion if it fails.If the acquisition does fall through, SoftBa