I may buy Nvidia stock soon, and here’s why!

Shares of Nvidia Corporation (NASDAQ: NVDA) have turned higher once again after the tech giant agreed to purchase the UK-based chipmaker Arm from SoftBank Group (T: 9984) for $40 billion. Fundamental analysis: More than a chip maker In a deal that is likely to have a profound impact on the semiconductor industry, Nvidia agreed to pay $40 billion and acquire a major chipmaker Arm. Its previous owner, SoftBank Group, made Arm available for sale as it looks to improve its liquidity following the pandemic.  Arm, a chipmaker that supplies Apple and others in this industry would fall under the control