Nvida Will Seek EU Approval for Arm Deal: Report

1 month ago 14
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Nvidia is acceptable to instrumentality the adjacent measurement connected what has go the agelong and bumpy roadworthy to acquiring spot tech developer Arm for $40 billion—seeking support the European Union’s contention regulator.

Shares of Nvidia (ticker: NVDA) were up 1.9%, to $224.86, connected Friday. The S&P 500 and the Dow Jones Industrial Average were up 0.8% and 0.6%, respectively. The banal has precocious 72% this year, portion the PHLX Semiconductor scale roseate 22%.

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