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Oh the joys of stock markets. Nvidia makes around 3B a year (profit), they have 10B cash. IIRC Arm isn't really a cash cow. How can they afford such a deal? The
by stewbrew 6y ago
Oh the joys of stock markets. Nvidia makes around 3B a year (profit), they have 10B cash. IIRC Arm isn't really a cash cow. How can they afford such a deal? There market capitalization is 330B - for whatever reason people are willing to pay that much for their shares. Money is cheap nowadays - also thanks to Corona. So, they sell some warrants, sell a few new shares and it's done.