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2021-12-03

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Nvidia stock dipped nearly 1% in premarket trading

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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":601640547,"tweetId":"601640547","gmtCreate":1638526072751,"gmtModify":1638526100403,"author":{"id":3584407285056666,"idStr":"3584407285056666","authorId":3584407285056666,"authorIdStr":"3584407285056666","name":"prestomanik","avatar":"https://static.tigerbbs.com/843d2c80610b4ad2450a9b54a190b6ae","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":4,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>Drama</body></html>","htmlText":"<html><head></head><body>Drama</body></html>","text":"Drama","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/601640547","repostId":1109887617,"repostType":2,"repost":{"id":"1109887617","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638522546,"share":"https://www.laohu8.com/m/news/1109887617?lang=&edition=full","pubTime":"2021-12-03 17:09","market":"us","language":"en","title":"Nvidia stock dipped nearly 1% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1109887617","media":"Tiger Newspress","summary":"Nvidia stock dipped nearly 1% in premarket trading after U.S. FTC sued to block Nvidia deal to buy A","content":"Nvidia stock dipped nearly 1% in premarket trading&nbsp;after&nbsp;U.S. FTC sued to block Nvidia deal to buy Arm.\n<img src=\"https://static.tigerbbs.com/485024ba3a708fd42977c8eae5b7804d\" tg-width=\"853\" tg-height=\"621\" width=\"100%\" height=\"auto\">\nThe U.S. Federal Trade Commission on Thursday sued to block U.S. chip company Nvidia Corp's&nbsp;more than $80 billion planned acquisition of British chip technology provider Arm, adding to already significant global regulatory challenges of the deal.\nThe FTC said the proposed deal would give one of the largest chip companies control over computing technology and designs that competitors rely on to develop their own competing chips.\nThe deal has been widely expected to fall apart after facing opposition in the chip industry. British regulators said last month they would launch an in-depth probe of the deal, and it is also under scrutiny in the European Union.\nArm licenses its chip architecture and blueprints to major chipmakers Apple Inc, Qualcomm Inc&nbsp;and Samsung Electronics Co Ltd, underpinning the global smartphone ecosystem. Arm was sold to Japan's SoftBank&nbsp;in 2016.\nNvidia said it would \"work to demonstrate that this transaction will benefit the industry and promote competition.\"\nArm declined to comment.\nThe stock-heavy deal has more than doubled in value since it was announced in September 2020 as Nvidia shares have risen on the performance of its data center business. Nvidia will owe only a $1.25 billion breakup fee if the deal does not close, and its shares closed up 2.2% at $321.26 on Thursday.\n\"Nobody thinks the deal is going to close,\" said Stacy Rasgon, an analyst with Bernstein. \"The data center story has been really playing out. The software narrative has become a bigger piece of the story. I would love to see this deal, but I don't think they need it.\"\nBefore Nvidia's offer, Softbank had planned to file for an initial public offering for Arm. While Arm's revenue is growing briskly, rising 56.3% to $1.46 billion in the six months ended Sept. 30, it is unclear whether Arm, in an IPO, would fetch anything close to the $80 billion in value offered by Nvidia.\nThe FTC, which is made up of two Republicans and two Democrats, voted 4-0 to approve the challenge to the planned merger.\n'HIGHER PRICES AND LESS CHOICE'\nThe FTC alleged \"the proposed merger would give Nvidia the ability and incentive to use its control of this technology to undermine its competitors, reducing competition and ultimately resulting in reduced product quality, reduced innovation, higher prices, and less choice, harming the millions of Americans who benefit from Arm-based products.\"\nThe FTC added the combined firm \"would have the means and incentive to stifle innovative next-generation technologies, including those used to run datacenters and driver-assistance systems in cars.\"\nSome semiconductor firms such as MediaTek Inc&nbsp;and Broadcom Inc&nbsp;have voiced support for the deal. But other firms such as Qualcomm have opposed it over concerns that Nvidia would have a first look at key technologies that they depend on and could then have better insights into their future products.\nQualcomm did not immediately respond to a request for comment.\nNvidia's chief executive, Jensen Huang, made a biting comment at an industry dinner last month, saying that Qualcomm Chief Executive Cristiano Amon, who recently took the helm of an industry trade group, had proven to be a master advocate in the battle over Arm. Qualcomm had its own extensive battles with global regulators, including the FTC, which Qualcomm prevailed over after the regulator brought an antitrust lawsuit against it.\n\"He's the perfect person to advocate for our industry,\" Huang said from a stage as Amon sat in the audience. \"I was trying to figure out, how is it possible that Cristiano knew every single regulator on the planet, and by the time I got there to tell them about my story on Arm, he was already there advocating against it?\" Huang said, to stunned laughter from the crowd.\nThe FTC said it has cooperated closely with staff of the competition agencies in the European Union, United Kingdom, Japan, and South Korea.","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia stock dipped nearly 1% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia stock dipped nearly 1% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nTiger Newspress \n2021-12-03 17:09\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\nNvidia stock dipped nearly 1% in premarket trading&nbsp;after&nbsp;U.S. FTC sued to block Nvidia deal to buy Arm.\n<img src=\"https://static.tigerbbs.com/485024ba3a708fd42977c8eae5b7804d\" tg-width=\"853\" tg-height=\"621\" width=\"100%\" height=\"auto\">\nThe U.S. Federal Trade Commission on Thursday sued to block U.S. chip company Nvidia Corp's&nbsp;more than $80 billion planned acquisition of British chip technology provider Arm, adding to already significant global regulatory challenges of the deal.\nThe FTC said the proposed deal would give one of the largest chip companies control over computing technology and designs that competitors rely on to develop their own competing chips.\nThe deal has been widely expected to fall apart after facing opposition in the chip industry. British regulators said last month they would launch an in-depth probe of the deal, and it is also under scrutiny in the European Union.\nArm licenses its chip architecture and blueprints to major chipmakers Apple Inc, Qualcomm Inc&nbsp;and Samsung Electronics Co Ltd, underpinning the global smartphone ecosystem. Arm was sold to Japan's SoftBank&nbsp;in 2016.\nNvidia said it would \"work to demonstrate that this transaction will benefit the industry and promote competition.\"\nArm declined to comment.\nThe stock-heavy deal has more than doubled in value since it was announced in September 2020 as Nvidia shares have risen on the performance of its data center business. Nvidia will owe only a $1.25 billion breakup fee if the deal does not close, and its shares closed up 2.2% at $321.26 on Thursday.\n\"Nobody thinks the deal is going to close,\" said Stacy Rasgon, an analyst with Bernstein. \"The data center story has been really playing out. The software narrative has become a bigger piece of the story. I would love to see this deal, but I don't think they need it.\"\nBefore Nvidia's offer, Softbank had planned to file for an initial public offering for Arm. While Arm's revenue is growing briskly, rising 56.3% to $1.46 billion in the six months ended Sept. 30, it is unclear whether Arm, in an IPO, would fetch anything close to the $80 billion in value offered by Nvidia.\nThe FTC, which is made up of two Republicans and two Democrats, voted 4-0 to approve the challenge to the planned merger.\n'HIGHER PRICES AND LESS CHOICE'\nThe FTC alleged \"the proposed merger would give Nvidia the ability and incentive to use its control of this technology to undermine its competitors, reducing competition and ultimately resulting in reduced product quality, reduced innovation, higher prices, and less choice, harming the millions of Americans who benefit from Arm-based products.\"\nThe FTC added the combined firm \"would have the means and incentive to stifle innovative next-generation technologies, including those used to run datacenters and driver-assistance systems in cars.\"\nSome semiconductor firms such as MediaTek Inc&nbsp;and Broadcom Inc&nbsp;have voiced support for the deal. But other firms such as Qualcomm have opposed it over concerns that Nvidia would have a first look at key technologies that they depend on and could then have better insights into their future products.\nQualcomm did not immediately respond to a request for comment.\nNvidia's chief executive, Jensen Huang, made a biting comment at an industry dinner last month, saying that Qualcomm Chief Executive Cristiano Amon, who recently took the helm of an industry trade group, had proven to be a master advocate in the battle over Arm. Qualcomm had its own extensive battles with global regulators, including the FTC, which Qualcomm prevailed over after the regulator brought an antitrust lawsuit against it.\n\"He's the perfect person to advocate for our industry,\" Huang said from a stage as Amon sat in the audience. \"I was trying to figure out, how is it possible that Cristiano knew every single regulator on the planet, and by the time I got there to tell them about my story on Arm, he was already there advocating against it?\" Huang said, to stunned laughter from the crowd.\nThe FTC said it has cooperated closely with staff of the competition agencies in the European Union, United Kingdom, Japan, and South Korea.\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109887617","content_text":"Nvidia stock dipped nearly 1% in premarket trading after U.S. FTC sued to block Nvidia deal to buy Arm.\n\nThe U.S. Federal Trade Commission on Thursday sued to block U.S. chip company Nvidia Corp's more than $80 billion planned acquisition of British chip technology provider Arm, adding to already significant global regulatory challenges of the deal.\nThe FTC said the proposed deal would give one of the largest chip companies control over computing technology and designs that competitors rely on to develop their own competing chips.\nThe deal has been widely expected to fall apart after facing opposition in the chip industry. British regulators said last month they would launch an in-depth probe of the deal, and it is also under scrutiny in the European Union.\nArm licenses its chip architecture and blueprints to major chipmakers Apple Inc, Qualcomm Inc and Samsung Electronics Co Ltd, underpinning the global smartphone ecosystem. Arm was sold to Japan's SoftBank in 2016.\nNvidia said it would \"work to demonstrate that this transaction will benefit the industry and promote competition.\"\nArm declined to comment.\nThe stock-heavy deal has more than doubled in value since it was announced in September 2020 as Nvidia shares have risen on the performance of its data center business. Nvidia will owe only a $1.25 billion breakup fee if the deal does not close, and its shares closed up 2.2% at $321.26 on Thursday.\n\"Nobody thinks the deal is going to close,\" said Stacy Rasgon, an analyst with Bernstein. \"The data center story has been really playing out. The software narrative has become a bigger piece of the story. I would love to see this deal, but I don't think they need it.\"\nBefore Nvidia's offer, Softbank had planned to file for an initial public offering for Arm. While Arm's revenue is growing briskly, rising 56.3% to $1.46 billion in the six months ended Sept. 30, it is unclear whether Arm, in an IPO, would fetch anything close to the $80 billion in value offered by Nvidia.\nThe FTC, which is made up of two Republicans and two Democrats, voted 4-0 to approve the challenge to the planned merger.\n'HIGHER PRICES AND LESS CHOICE'\nThe FTC alleged \"the proposed merger would give Nvidia the ability and incentive to use its control of this technology to undermine its competitors, reducing competition and ultimately resulting in reduced product quality, reduced innovation, higher prices, and less choice, harming the millions of Americans who benefit from Arm-based products.\"\nThe FTC added the combined firm \"would have the means and incentive to stifle innovative next-generation technologies, including those used to run datacenters and driver-assistance systems in cars.\"\nSome semiconductor firms such as MediaTek Inc and Broadcom Inc have voiced support for the deal. But other firms such as Qualcomm have opposed it over concerns that Nvidia would have a first look at key technologies that they depend on and could then have better insights into their future products.\nQualcomm did not immediately respond to a request for comment.\nNvidia's chief executive, Jensen Huang, made a biting comment at an industry dinner last month, saying that Qualcomm Chief Executive Cristiano Amon, who recently took the helm of an industry trade group, had proven to be a master advocate in the battle over Arm. Qualcomm had its own extensive battles with global regulators, including the FTC, which Qualcomm prevailed over after the regulator brought an antitrust lawsuit against it.\n\"He's the perfect person to advocate for our industry,\" Huang said from a stage as Amon sat in the audience. \"I was trying to figure out, how is it possible that Cristiano knew every single regulator on the planet, and by the time I got there to tell them about my story on Arm, he was already there advocating against it?\" Huang said, to stunned laughter from the crowd.\nThe FTC said it has cooperated closely with staff of the competition agencies in the European Union, United Kingdom, Japan, and South Korea.","news_type":1},"isVote":1,"tweetType":1,"viewCount":640,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":5,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/601640547"}