The merger has been in doubt from the start. Now it appears both companies are planning for life without the merger.
https://www.bloomberg.com/news/articles/2022-01-25/nvidia-is…
Nvidia has told partners that it doesn’t expect the transaction to close, according to one person, who asked not to be identified because the discussions are private. SoftBank, meanwhile, is stepping up preparations for an Arm initial public offering as an alternative to the Nvidia takeover, another person said.
IMO, this is a indirect positive for AMD. Nvidia/ARM would have been a huge competitor.