Nvidia Sells Off Stake in Arm, a Company It Once Tried to Buy

Nvidia Corp. sold off the last of its stake in Arm Holdings Plc, a chip technology company that it tried and failed to acquire five years ago. Nvidia unloaded 1.1 million shares, worth about $140 million based on Arm’s closing price Tuesday, according to a regulatory filing. The disposal, which occurred sometime in the fourth quarter of last year, brings Nvidia’s stake to zero. Most Read from Bloomberg Nvidia declined to comment, while Arm didn’t immediately respond to a request for comment. The move ...