Friday, 24 March, 2023

Nvidia forecast beat expectations, but $40 bn Arm deal talks still going on

<p>Nvidia, the largest maker of graphic chips, said that talks to acquire tech firm Arm were taking longer than expected. While Nvidia forecasted revenue exceeding expectations in Q3 (approx $6.8 bn), investors are focused on whether Nvidia&#39;s Arm deal will withstand regulatory scrutiny and close by March 2022 as promised. Nvidia CFO Colette Kress said the company is confident that the deal will close.<br /> <br /> <br /> &nbsp;</p>