IT House reported on February 8 that according to the Financial Times, SoftBank's transaction to sell ARM to Nvidia for $66 billion failed, and SoftBank will receive a break-up fee of $1.25 billion.
Previously, U.S., U.K. and EU regulators expressed serious concerns about the impact of the deal on the competitive landscape of the global semiconductor industry. SoftBank seeks to spin off ARM through an IPO by the end of the year.