Gaming: Nvidia Dumps Its $140 Million Stake In Arm But Licensing Deals...
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The last remnants of Nvidia's once-bold plan to take control of CPU specialist Arm have been defenestrated. According to regulatory filings, Nvidia has dumped its remaining stake in Arm amounting to 1.1 million shares with a value of approximately $140 million.
Nvidia hasn't commented on the move, which took place at the end of last year as per filings with regulators that Nvidia is obliged to make regarding such transactions. So, what are we to make of this?
First, it has no impact on Nvidia's ability to produce and sell CPUs based on Arm IP. That's a function of licensing deals with Arm, not equity stakes or ownership of the company.
Source: PC Gamer