Companies have to be loving the "supply shortage." All the benefits of collusion and price fixing without being charged. Record profits for everyone! Drinks all 'round! :(
'We gave it our best shot' Nvidia CEO tells Wall Street after failed Arm deal
If Nvidia is a little glum about its failed Arm merger, it has nearly 10 billion reasons to be cheerful: the GPU giant's profit from the past 12 months reached $9.75bn, up 125 per cent on the year-before period. The chip goliath also disclosed in its fourth-quarter financial results on Wednesday that it will write off $1.36bn …
COMMENTS
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Thursday 17th February 2022 01:24 GMT Dwarf
What would I have done differently ?
Imagine what 1.36Bn would have done to build extra capacity or just make basic products with existing facilities and reduce the dent in the global chip shortage.
Buying a video card - which is supposed to be one of their main product lines is a good example, zero stock virtually anywhere.
But, no manglement decide that its better to try and buy out a competitor ...
Muppets.
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Thursday 17th February 2022 08:07 GMT Pascal Monett
"Nvidia has a 20-year architectural license from Arm"
So the point of acquiring Arm was ?
As much as I like my Nvidia graphics card, I have to admit that Nvidia is monopolistic. It is following the likes of Apple, Google and Borkzilla in stifling competition as much as it can.
Nvidia has used almost every dirty trick in the book, from massaging benchmark figures to disparaging AMD products outright.
If Nvidia had taken Arm into its purview, I think it would have had catastrophic consequences in the long run, so I'm quite happy that it did not happen.