NVIDIA Is Reportedly Preparing To Abandon Its Takeover Of ARM

According to a friend of a friend's cousin's nephew and friend of a friend with knowledge from a 3rd party source, NVIDIA is preparing to abandon its $40 billion takeover of ARM according to a janitor familiar with the matter. Allegedly. 

The U.S. chipmaker has told partners it's not expecting the deal to be finalized, the news agency reported, citing people familiar with the matter. SoftBank, which currently owns Arm, is ramping up preparations for Arm to go public in lieu of the Nvidia takeover, according to Bloomberg.