Coming back to NVDA, FA matters…Here is the major pull force for NVDA. It is taking over arm at $46 Billion, which is a game changer for its growth. The giants are against its take-over !
However, it was halted by objections, stocks are getting down to the lowest. At some point of time, when ARM+NVDA is approved, stock will jump like the way you stated doubling its value.
U.S. FTC opens probe into Nvidia's acquisition of Arm: Bloomberg
The FTC has sent information demands to third parties, according to Bloomberg. The FTC and Nvidia did not respond to requests for comment outside regular working hours. Nvidia struck a deal with Japan's SoftBank Group in September to buy UK-based...