 "Nvidia")
SoftBank’s $66-billion sale of UK-based chip business Arm to Nvidia collapsed on Monday after regulators in the US, UK and EU raised serious concerns about its effects on competition in the global semiconductor industry.
Britain’s Arm, which chose Rene Haas to replace Simon Segars as CEO on Tuesday, said it would go public before March 2023 and SoftBank CEO Masayoshi Son indicated that would be in the US, most likely the Nasdaq. SoftBank acquired Arm, whose technology powers Apple’s iPhone and nearly all other smartphones, in 2016 for $32 billion.
“It (Arm) had the rare hallmarks of a SoftBank investment
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