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2026-02-18 07:48:09
[Nvidia Sells All Remaining Stake in Arm After Attempted Acquisition Five Years Ago] Nvidia has sold all of its remaining shares in Arm Holdings Plc, a chip architecture technology company that Nvidia attempted to acquire five years ago but ultimately failed. According to a regulatory filing, Nvidia sold 1.1 million Arm shares, worth approximately $140 million based on Arm's closing price on Tuesday. This disposal occurred sometime in the fourth quarter of last year, and the transaction reduces Nvidia's stake in Arm to zero. Nvidia declined to comment, and Arm did not immediately respond to requests for comment from the media. This move brings an end to a tumultuous saga between the two companies. Nvidia agreed to acquire Arm for $40 billion in 2020, a deal that was poised to become the largest acquisition in the history of the chip industry. However, the deal was met with almost immediate opposition from regulators and customers. Arm's technology powers the vast majority of advanced semiconductor chips worldwide, and its independence was considered a crucial asset. In February 2022, the two companies announced the termination of the acquisition agreement. Arm, which is controlled by SoftBank Group, then proceeded with its plans for an IPO.
