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Sources: Nvidia is planning to abandon its Arm acquisition, as regulators scrutinize the deal; source says SoftBank is preparing an IPO for Arm (Bloomberg)

Bloomberg:
Sources: Nvidia is planning to abandon its Arm acquisition, as regulators scrutinize the deal; source says SoftBank is preparing an IPO for Arm  —  Nvidia Corp. is quietly preparing to abandon its purchase of Arm Ltd. from SoftBank Group Corp. after making little to no progress in winning approval …