Nvidia faces in-depth EU probe into planned Arm acquisition

  • Nvidia (NASDAQ:NVDA) is facing an in-depth European Union probe into its planned purchase of Arm (ARMHF).
  • The EU has set a March 15 deadline for ruling on the transaction, according to an EU filing on its website.
  • "The Commission is concerned that the merged entity would have the ability and incentive to restrict access by Nvidia 's rivals to Arm's technology and that the proposed transaction could lead to higher prices, less choice and reduced innovation in the semiconductor industry," according to the statement.
  • Nvidia last month filed officially with the European Commission for its planned $54B acquisition of ARM Holdings (ARMHF) from SoftBank (OTCPK:SFTBY).
  • "The Commission has concerns that the merged entity would have the ability to restrict or degrade access to Arm's technology by providers of processor products Nvidia may compete with."
  • Earlier this month, Nvidia said it would make concessions to allay the EU's concerns in the hope that such moves would help finalize the acquisition, which was first announced in September 2020.

    Over the current book year the total revenue from the company in Santa Clara will be 25.76 billion USD (consensus estimates). This is rather significant more than 2021's revenue of 16.68 billion USD.

    Historical revenues and results Nvidia plus estimates 2021

    aandeel

    The analysts expect for 2021 a net profit of 10.45 billion USD. For this year the consensus of Nvidia 's result per share is a profit of 4.13 USD. Based on this the price/earnings-ratio is a very high 61.91.

    Per share the analysts expect a dividend of 17 cents per share. The dividend yield is then 0.07 percent. The average dividend yield of the hardware & equipment companies equals a limited 1.41 percent.

    Nvidia 's market capitalization is based on the number of outstanding shares around 626.9 billion USD. 104

    On Friday, the stock closed at 255.67 USD.

    Historical stock prices Nvidia

    stock price nvidia

    ValueSpectrum.com News Wire & Equity Research: +31 084-0032-842
    news@valuespectrum.com

    Copyright analist.nl B.V.
    All rights reserved. Any redistribution, duplication or archiving prohibited. analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.

    • Other stock news
    Analysts are counting on record year Nvidia
    The dangerous risk to Nvidia’s exuberant outlook
    Analysts: this year best year ever for Nvidia
    Analysts expect over 2021 rising revenue Nvidia
    Analysts expect over 2021 rising revenue Nvidia
    Nvidia to buy autonomous vehicles' mapping startup DeepMap
    Analysts expect over 2021 rising revenue Nvidia
    Sector news
    Analysts expect over 2024 revenue increase Intel
    Analysts foresee more revenue Aixtron
    Analysts expect over 2023 rising revenue ABB
    ASML op record hunt according analysts
    Analysts: this year best year ever for ASML
    Analysts: less sales Siltronic
    Analysts anticipate for 2023 on revenue decrease Marvell Technology
    National news
    Analysts expect over 2024 revenue expansion Domino's Pizza
    Analysts anticipate for 2024 on revenue increase AutoNation
    Stock Exxon Mobil goes ahead in America in terms of dividend yields
    Analysts expect over 2024 revenue increase Intel
    Analysts expect over 2024 revenue increase Alphabet
    Gilead Sciences in top American dividend stocks
    Analysts expect record sales Lockheed Martin
    Press news
    Ares Commercial Real Estate Corporation Schedules Earnings Release and Conference Call for the First Quarter Ended March 31, 2024
    MONTH-END PORTFOLIO DATA NOW AVAILABLE FOR ARES DYNAMIC CREDIT ALLOCATION FUND, INC.
    Ultragenyx to Host Conference Call for First Quarter 2024 Financial Results and Corporate Update
    Red River Bancshares, Inc. Reports First Quarter 2024 Financial Results
    Cansortium Schedules Fourth Quarter 2023 Conference Call for Monday, April 29 at 4:30 P.M. ET
    Cerence to Announce Fiscal Second Quarter Results on May 9, 2024
    Integrated Financial Holdings, Inc. First Quarter Financial Results
    Logoanalist
    Returns European stocks
    Crypto currencies information
    About us Network Partners
    Fpgroup.nlinfo@analist.nlRSS feedContactIntellectual Property Photos Analist.nlLinksISIN
  • Glossary
    		• MorningstarPrudena.comAAII.comNASDAQvwd GroupEuronextBATS Chi-xBats
    ©2024 ValueSpectrum. All Rights Reserved
    Developed and maintained by  Velainn logo