$NVIDIA (NVDA.US)$ makes the vast majority of its revenue fr...

$NVIDIA (NVDA.US)$ makes the vast majority of its revenue from selling chips and clearly would like to sell a lot more of them in the future. But the $Armada Mercantile Ltd (ARM.CA)$ acquisition would put licensing on the front burner for Nvidia.
Over the next few months, Nvidia will need to convince the relevant regulatory authorities of its noble intentions. Many of Arm's current licensees are also Nvidia's rivals. If Nvidia were able to reassure them sufficiently, they might decrease their objections to the deal. If they lowered their voices, the authorities could perhaps be persuaded to sign off on it.