Nvidia stock tanked 3.4% in premarket trading

Tiger Newspress2021-04-19

Nvidia stock tanked 3.4% in premarket trading because UK intervenes in Nvidia's takeover of ARM on national security grounds.

Britain said on Monday it would intervene in SoftBank's sale of chip designer ARM Holdings to U.S. group Nvidia on national security grounds.

Digital Secretary Oliver Dowden said: "Following careful consideration of the proposed takeover of ARM, I have today issued an intervention notice on national security grounds.

"As a next step and to help me gather the relevant information, the UK’s independent competition authority will now prepare a report on the implications of the transaction, which will help inform any further decisions."

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精彩评论

  • jiamu
    2021-04-20
    jiamu
    Bought more
  • darrentanjm
    2021-04-19
    darrentanjm
    Always buy on weakness 
  • qmc
    2021-04-19
    qmc
    Buy buy buy
    • RJ291220
      Indeed it is a good buy opportunity.
  • kerukel88
    2021-04-19
    kerukel88
    Oh no
  • cweida
    2021-04-19
    cweida
    Chance to buy [微笑] 
  • Chnhwngchng
    2021-04-19
    Chnhwngchng
    Oh no
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