Jim Cramer Is Convinced Nvidia Will Complete Its Arm Acquisition

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Jim Cramer said he is nearly certain that Nvidia  (NVDA) - Get NVIDIA Corporation Report will complete its acquisition of Arm Holdings.

Broadcom  (AVGO) - Get Broadcom Inc. Report and Marvell  (MRVL) - Get Marvell Technology Group Ltd. Report have expressed their support for the $40 billion proposed takeover, which has been under regulatory scrutiny for months. 

In addition to support from some of the world's largest chipmakers, Cramer told Action Alerts PLUS senior analyst Jeff Marks that he has a simple reason that he believes the deal will come to fruition. 

"I remained convinced that Jensen Huang will get Arm... I was skeptical with Mellanox. I was wrong," Cramer said. 

Nvidia is a holding in Cramer's Action Alerts PLUS charitable portfolio. Hear what Jim Cramer is only telling members of his Action Alerts PLUS investing club in Monday's Daily Rundown.

Recap TheStreet Live: Everything Jim Cramer Is Watching 6/28/21

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