Nvidia $NVDA, the largest semiconductor company, is seeking to be a key investor in the IPO of a UK chip design company.
SoftBank, Arm's current owner, is going ahead with its plan to float Arm on the stock market through an initial public offering. Nvidia was forced to halt its planned $66 billion acquisition of Arm as it was stopped by antitrust authorities.
Nvidia is now...
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Honestly, when that chart shot up like that a few weeks ago, I was expecting more of a punch & dump... but now I'm starting to feel like this stock will just hold that price.