Thoughts on the NVIDIA Acquisition of Arm

by Dan Mandell, and Chris Rommel, October 2020

Inside This Report
After months of speculation that NVIDIA would make the biggest acquisition of its history, the company pulled the trigger in mid-September to buy Arm from SoftBank. This follows a steady flow of consolidation at the top of the semiconductor technology market that has reshaped the landscape through the past several years. While NVIDIA’s acquisition of Mellanox featured some regulatory hurdles that stretched the process to more than a year, this potential deal will face much greater scrutiny from the EU, U.K., and China to pass.