The initial public stock offering is expected to raise between $8 billion to $10 billion for the chip designer, over a year after Arm's planned acquisition by NVIDIA was called off.
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The FTC has filed a lawsuit to prevent Nvidia from completing its acquisition of ARM. The regulator believes that the acquisition will give Nvidia monopoly and is not ideal for the competition.
At GDC 2021 today, Nvidia showed off a couple of ray tracing and DLSS demos that it ran on an ARM CPU paired with an RTX 3060. The first was a gaming demo while the second was a sample scene render.
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