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Nvidia Expects to Close its $40 Billion Deal to Purchase British Chip Technology Firm Arm Ltd
Summary: In an interview with Reuters, Chief Executive Jensen Huang said it still expects to close its $40 billion deal to purchase British chip technology firm Arm Ltd by March 2022. The deal has drawn scrutiny from regulators in the United States and Britain and also needs approval from European and Chinese authorities. The company expects ...
In an interview with Reuters, Chief Executive Jensen Huang said it still expects to close its $40 billion deal to purchase British chip technology firm Arm Ltd by March 2022. The deal has drawn scrutiny from regulators in the United States and Britain and also needs approval from European and Chinese authorities.
The company expects revenue this quarter of $6.30 billion, plus or minus 2%, compared with analysts' estimates of $5.5 billion, according to IBES data from Refinitiv.
By Amy Liu
Tags: Arm Ltd,Chip,Nvidia
Link: Nvidia Expects to Close its $40 Billion Deal to Purchase British Chip Technology Firm Arm Ltd [Copy]
