Nvidia Abandons Its Purchase of Arm From SoftBank

NVIDIA has decided to abandon its plan to purchase ARM from SoftBank due to regulatory challenges and opposition from customers. The deal's collapse is a setback for SoftBank, which had planned to use the proceeds for various initiatives. SoftBank may now pursue an IPO for ARM to raise capital. Additionally, SoftBank might consider selling some of its Alibaba shares to generate funds, especially given the pressure on Alibaba from Beijing's tech crackdown.

What alternative plans does SoftBank have if the NVIDIA deal does not go through?

How has Alibaba's situation affected SoftBank's financial position?