> these companies will simply hollow ARM out (slash R&D, cut staff etc) to pump up the target’s value, before flogging it off or breaking it up This seems dram

> these companies will simply hollow ARM out (slash R&D, cut staff etc) to pump up the target’s value, before flogging it off or breaking it up This seems dramatically more likely from a generic investment consortium like SoftBank versus an actual chip-focused R&D organization like nvidia. I don't see how this is possibly a counterargument for sale to nvidia.