I don't see how this deal changes that. ARM does not make CPUs (it makes CPU IP), Qualcomm does. The fact that NVIDIA builds bad ARM CPUs does not change with

I don't see how this deal changes that. ARM does not make CPUs (it makes CPU IP), Qualcomm does. The fact that NVIDIA builds bad ARM CPUs does not change with the acquisition as far as I can tell. For that NVIDIA would need to invest a lot of R&D into their CPU team, and again, if it does that, it can compete with Qualcomm, independently of whether the acquisition takes place.