GCC News 24
Business
Politics
Tech
Society
Green
Sports
Entertainment
Translate image English Down Arrow
The MTA Speaks| Prayer times| Weather Update| Gold Price
Follow Us: Facebook Instagram YouTube twitter

NVIDIA Sells Last Stake in Arm Holdings, Ends 5-Year Saga

NVIDIA Sells Last Stake in Arm Holdings, Ends 5-Year Saga

Post by : Bianca Haleem

NVIDIA Corp. has sold its remaining shares in Arm Holdings Plc, marking the end of a five-year-long chapter for both companies. The tech giant sold 1.1 million shares, valued at approximately $140 million, according to a regulatory filing. After this sale, NVIDIA no longer holds any stake in Arm.

The move concludes a complicated saga that began in 2020, when NVIDIA agreed to acquire Arm for $40 billion. The deal, expected to be the largest in chip industry history, faced immediate opposition from regulators and Arm’s customers, as Arm’s technology is a backbone for advanced semiconductors globally. Maintaining Arm’s independence was considered crucial, and eventually, the acquisition was called off in February 2022.

Arm, mostly owned by SoftBank Group Corp., later proceeded with plans to go public. NVIDIA has not commented on the sale, and Arm has yet to respond.

NVIDIA continues to hold stakes in other major technology companies, including Intel Corp., Nokia Oyj, CoreWeave Inc., and Synopsys Inc. The company has emphasized its focus on accelerating the adoption of artificial intelligence computing using its resources.

Feb. 18, 2026 3:01 p.m. 1397
Global News Tech News

More Trending News

Featured Stories

Kuwait Customs Seizes 855g Gold From Two Indian Flyers Today
Aug. 19, 2026 12:50 p.m.
Kuwait Customs intercepted two Indian passengers bound for Ahmedabad and seized 855g of 24-karat gold hidden in belt buckles and a bracelet at the airport
Read More
Kuwait Foils Food Smuggling Plot at Shuwaikh Port
Aug. 19, 2026 12:38 p.m.
Kuwait Customs seized more than 2,200 subsidized food items hidden in six containers bound for Sri Lanka, preventing their illegal export from Shuwaikh Port
Read More
Los Angeles Port Records Second-Highest July Cargo Volume
Aug. 19, 2026 11:38 a.m.
Port of Los Angeles handled 960,464 TEUs in July, its second-highest July volume, as strong consumer demand and AI data center projects boosted imports
Read More
Qatar and Grenada Strengthen Ties Through New Areas of Cooperation
Aug. 19, 2026 11:10 a.m.
Grenada PM Dickon Mitchell says Qatar-Grenada ties are growing, with both nations seeking stronger cooperation in education, healthcare, tourism, aviation
Read More
UAE Supports Stronger GCC-ASEAN Cooperation in Jakarta
Aug. 18, 2026 3:40 p.m.
The UAE joined the 3rd GCC-ASEAN meeting in Jakarta to review cooperation, discuss regional priorities and advance practical initiatives for shared growth
Read More
Oman's Tallest Observation Wheel, Salalah Eye, Unveiled
Aug. 18, 2026 1:40 p.m.
The newly opened Salalah Eye enhances tourism in Dhofar, offering stunning views amid the bustling Khareef season in Oman.
Read More
Riyadh Police Arrest Driver After Stolen Car Crash
Aug. 18, 2026 1:14 p.m.
Riyadh police arrested a driver accused of drifting in a stolen vehicle, hitting a pedestrian and fleeing the scene before being referred to prosecutors
Read More
South Korea Welcomes Reduced US Military Drills, Eyes North Korea Talks
Aug. 18, 2026 12:21 p.m.
Seoul hopes Trump's cutback of joint military drills will aid in reviving US-North Korea dialogue and reducing regional tensions.
Read More
Kuwait Customs Seize 228 Meth-Infused Sheets at Airport
Aug. 18, 2026 11:44 a.m.
Kuwait Customs intercepted a British visitor at Terminal 4 with 228 A4 sheets suspected of being infused with meth, known locally as Shabu
Read More
Sponsored
Trending News
Embracing Life's Unpredictability: Trust in Your Journey

Embracing Life's Unpredictability: Trust in Your Journey

Explore how embracing life's uncertainties and trusting the process can lead to growth and new oppor
June 26, 2026 12:59 p.m. 1560
Casualties Mount in Lebanon as Israeli Airstrikes Persist Amid Fragile Ceasefire

Casualties Mount in Lebanon as Israeli Airstrikes Persist Amid Fragile Ceasefire

Lebanon says 4,175 people have been killed and over 12,000 injured since Israeli attacks began in Ma
June 23, 2026 10:05 a.m. 1713
Sprinkler Malfunction Interrupts World Cup Match at Gillette Stadium

Sprinkler Malfunction Interrupts World Cup Match at Gillette Stadium

A sprinkler malfunction at Gillette Stadium caused a water leak during halftime of the Iraq vs Norwa
June 17, 2026 5:16 p.m. 1535
Kyiv’s Historic Monastery May Need Two Years for Full Restoration After Strike Damage

Kyiv’s Historic Monastery May Need Two Years for Full Restoration After Strike Damage

Kyiv’s historic Pechersk Lavra monastery suffered major damage in a recent attack, and repairs could
June 17, 2026 12:11 p.m. 1663
Vozinha Becomes World Cup Hero After Spain Masterclass

Vozinha Becomes World Cup Hero After Spain Masterclass

Cape Verde goalkeeper Vozinha stunned Spain with a brilliant display in a historic World Cup draw, g
June 16, 2026 10:52 a.m. 2114
India A-Sri Lanka A Clash Sparks Vaibhav Controversy

India A-Sri Lanka A Clash Sparks Vaibhav Controversy

Young India A batter Vaibhav Sooryavanshi was involved in a heated altercation after Sri Lanka A's S
June 16, 2026 10:24 a.m. 1490
Rashmika's Sweet Gesture For Vijay Goes Viral Online

Rashmika's Sweet Gesture For Vijay Goes Viral Online

Rashmika Mandanna was seen helping Vijay Deverakonda during a scholarship event in Telangana, sparki
June 15, 2026 6:13 p.m. 1495
Nine Killed as Russian Shelling Hits Kyiv and Kharkiv

Nine Killed as Russian Shelling Hits Kyiv and Kharkiv

Russian attacks on Kyiv and Kharkiv leave nine dead and dozens injured, including rescue workers and
June 15, 2026 2:51 p.m. 1368