Nvidia sells remaining $140 million Arm stake but keeps Arm licences

Regulatory filings show Nvidia sold its remaining 1.1 million Arm shares, worth about $140 million, at the end of last year. Nvidia has not commented on the transaction disclosed in the filings it is required to make for such trades. The GB10 chip in the DGX Spark, which underpins Nvidia's forthcoming Arm PC CPU, uses off-the-shelf Cortex A725 and X925 designs that reflect licences Nvidia holds.

The Vera chip demonstrates Nvidia also has a licence to design its own CPU cores that use Arm's ISA, so the sale of Arm shares does not alter those arrangements. The move may say more about Nvidia's view of Arm's future value than about its own ambitions. Nvidia is now the world’s most valuable company and reported revenues exceeding $130 billion in 2025, so the roughly $140 million from the share sale is unlikely to have been decisive; that choice does not necessarily change Nvidia’s plans for Arm-based chips.

Nvidia's attempt to take full control of Arm surfaced in 2020 and the proposed deal was terminated in 2022 after regulatory pushback.

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