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

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