How compelling is Nvidia’s rationale for buying Arm?

Right after the last Nvidia quarterly earnings release, Jim Cramer, host of CNBC Mad Money spoke to Jensen Huang, CEO of Nvidia regarding the deal with Arm. Most of his questions were softballs, but what caught my attention was Jensen’s comment that Arm was not a must for Nvidia’s success, but a nice to have. That got me thinking and made me take a deeper dive into the rationale for the merger. Here…