Today's video focuses on Nvidia (NVDA -2.85%) and an update on its Arm acquisition that has received numerous pushbacks from regulatory committees. With a strong balance sheet, Nvidia may seek out other acquisition targets. Here are some highlights from the video.
- On Feb. 8, Nvidia and SoftBank Group (SFTB.Y -1.00%) announced the joint agreement to terminate the Arm acquisition due to numerous regulatory challenges. SoftBank Group also stated that it is seeking to bring Arm public in 2023.
- Nvidia has a healthy balance sheet and provides solutions in numerous markets with multiple options for future acquisition targets. Some of those targets could improve Nvidia's solutions in artificial intelligence, autonomous driving, cybersecurity, or even its infrastructure hardware for data centers.
- The management team could paint a better picture of any future acquisition plans Nvidia is expected to pursue while it reports its fourth-quarter earnings on Feb. 16.
Click the video below for my full thoughts and analysis.
*Stock prices used were the pre-market prices of Feb. 8, 2022. The video was published on Feb. 8, 2022.