IIRC, the stock is actually down since the announcement. Nvidia is buying ARM because of its high stock price. The stock already ran up thanks to the AI boom.
Honestly, I work at NVDA and I think the deal is dumb. I don't see what benefit it brings to us. The industry is beginning to move away from ARM, so buying yesterday's technology seems like a bad move.
Honestly, I work at NVDA and I think the deal is dumb. I don't see what benefit it brings to us. The industry is beginning to move away from ARM, so buying yesterday's technology seems like a bad move.