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Nvidia stock dropped nearly 5% in premarket trading

Tiger Newspress2021-12-06

Nvidia stock dropped nearly 5% in premarket trading.Nvidia’s plan to dominate chip design stymied by antitrust angst;CEO Jensen Huang sold 440000 shares last week,with a total value of about $140 million.

When Nvidia Corp. announced plans to buy Arm Ltd. in September 2020, the deal was more than just the chip industry’s largest-ever acquisition -- the company said it would supercharge the technology found in everything from cars to smartphones.

Now, more than a year later, that audacious plan is in peril. The U.S. Federal Trade Commission sued to block the $40 billion purchase on Thursday, calling it a threat to semiconductor innovation. Arm customers have lined up against the transaction. And investors and analysts have written off the idea of it ever happening.

EU antitrust regulators have temporarily halted their investigation into Nvidia's bid for British chip designer ARM,as they await more information, according to a European Commission filing.

British antitrust agency CMA has also said it would open a full-scale investigation into the deal.

Nvidia has vowed to fight on, but with regulatory scrutiny escalating around the world, the prospects are dim.

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评论29

  • Dawang
    ·2021-12-07
    ARM deal now hanging on a thread..
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  • Geee
    ·2021-12-06
    Oh noh
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  • Ricky99
    ·2021-12-06
    like
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  • james_l
    ·2021-12-06
    Hope it drops more so that we could buy at reasonable levels
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    收起
    • 12330aa5
      be patient
      2021-12-06
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  • WalkerWoon
    ·2021-12-06
    Like me pls
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    收起
    • JeremyKok
      hi. please like and comment back. thank you.
      2021-12-07
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  • Akang
    ·2021-12-06
    Buy!!!
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    收起
    • WalkerWoon
      Like me pls
      2021-12-06
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  • Jess261
    ·2021-12-06
    Okay 
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  • Iamboon
    ·2021-12-06
    That’s pretty bad
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    收起
  • IN76
    ·2021-12-06
    It is overvalued Also if the CEO is selling the shares, it is not a good sign. 
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    收起
    • Tchwee56
      Like please
      2021-12-06
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  • lucuias
    ·2021-12-06
    Nvidia is over valau
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  • RetroFreedom
    ·2021-12-06
    Buy buy buy! Long term holding! Your children will thank you for it. 
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    • SaveHK
      yes buy low and sell high🥰
      2021-12-06
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    • CCLaunty
      👍
      2021-12-06
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  • LeeWan
    ·2021-12-06
    Ok 
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  • Questions
    ·2021-12-06
    Best time to dca . This stock is a sure winner in 2022 
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    收起
    • LeeWan
      Ok
      2021-12-06
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  • MHSHINE
    ·2021-12-06
    :(
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  • Darel
    ·2021-12-06
    Oh no
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  • CL777
    ·2021-12-06
    Overvalued.. $200 is fair 
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    • Sheryl85
      ok
      2021-12-08
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    • CL777
      That’s right
      2021-12-07
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    • Dawang
      Agreed, let the prices correct, not chase the price 😜🙏
      2021-12-07
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    查看更多 1 条评论
  • matcha_latte
    ·2021-12-06
    Ok
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  • KelvinChua98
    ·2021-12-06
    Oh, no...
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  • Longbean
    ·2021-12-06
    [Sad] 
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    收起
    • MarkN回复Longbean
      ok
      2021-12-19
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    • Longbean
      ok
      2021-12-07
      回复
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    • MarkN
      [OK]
      2021-12-07
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  • Charllote
    ·2021-12-06
    Opd
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