Nvidia sold its remaining stake in Arm Holdings in the fourth quarter of 2025, reducing its holdings in the chip designer to zero, according to filings with the US Securities and Exchange Commission.
Citing the regulatory disclosures, Bloomberg reported that Nvidia disposed of 1.1 million Arm shares during the quarter, valued at about US$140 million based on recent market prices.
Arm, the chip technology company owned by SoftBank Group, was the target of a US$40 billion (HK$31.2 billion) takeover attempt by Nvidia in 2020, a transaction that would have been one of the largest in semiconductor industry history. The deal quickly drew opposition from regulators and customers and was formally terminated in February 2022.
As Arm's technology underpins the vast majority of the world's advanced semiconductors, its independence has long been viewed as strategically important. The company later proceeded with its listing plan and debuted on the Nasdaq in September 2023.
Shares of Nvidia rose 1.2 percent on Wednesday to US$187.98, while Arm gained 0.28 percent to US$127.24.
Cynthia ZHONG
