Arm to Fire Thousands of Employees After Failed Nvidia Merger

After a series of complications, Nvidia formally confirmed last month that its acquisition of British semiconductor company, Arm had been terminated. The failed deal came after Nvidia was unable to convince regulators and investors that the alliance in no way would impact Arm’s existing model.

The Telegraph reported that the company’s new CEO Rene Haas in a staff meeting informed that…

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News Source: https://propakistani.pk/2022/03/16/arm-to-fire-thousands-of-employees-after-failed-nvidia-merger/

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