Jeff Marks of the CNBC Investing Club talks about takeover headlines impacting NVIDIA and NortonLifeLock, and why the portfolio is trimming UPS
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Nvidia becomes 7th-largest U.S. company as it passes Facebook owner Meta for the first timeNvidia Corp. became the seventh-largest U.S. company Monday as it overtook Facebook-parent Meta Platforms Inc. for the first time.
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NVIDIA has reportedly abandoned its plans to purchase ARM | EngadgetAccording to The Information, the $60 billion deal collapsed on Monday..
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Nvidia Abandons Plans To Acquire ARM Amid Regulatory Pressure, British Chipmaker Will Explore IPONvidia’s plans to acquire ARM have been scrapped amid regulatory pushback from the U.S., U.K. and Europe.
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Nvidia officially terminates its Arm purchaseSoftBank Group announced plans today for an initial public offering for Arm instead.
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Softbank plans IPO for ARM after Nvidia calls off $40 billion acquisitionNvidia agreed to acquire Arm for $40 billion in cash and stock in 2020, in what would have been the biggest semiconductor merger in history. The deal faced immediate opposition from other chip companies and regulators had also stepped in the way.
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