Nvidia Arm Block
A farewell to arm.
Nvidia arm block. Revolves around regulatory approval all over the world given the nature of arm s business which is. Labour unions and arm s co founder have urged ministers either to block the sale of the chip designer by the japanese investment firm softbank to the us firm nvidia or insist upon legally. China s antitrust regulator could block nvidia from acquiring arm which japanese investment group softbank group acquired for us 32 billion in 2016 given that it may create a monopoly for the. Arm s founders certainly aren t happy about the deal as they made clear in an open letter petition called savearm co uk asking the british government to block it.
To be a successful silicon ip company in general it is expected you aren t also a competitor. China is likely to block the proposed takeover of arm by nvidia says a former lenovo group chief engineer reported in chinese media. The nvidia arm merge brings together nvidia s leading artificial intelligence ai. For the latest news from the south china morning post download our mobile.
I believe the chinese commerce ministry will reject the acquisition while speaking at a conference in zhengzhou in china. Chinese regulators may block nvidia s 40b arm buyout. This article china has more reason to block nvidia s arm deal than approve it say analysts first appeared on south china morning post. With nvidia arm would lose its independence.
Nvidia vows to invest in britain as part of us 40 billion arm deal. Nvidia corporation s nasdaq tsla 40 billion acquisition of british chip design house arm ltd. The uk government is reportedly preparing to intervene and block the acquisition if necessary on the grounds that nvidia buying up arm could not only endanger its citizens jobs but also. Nvidia a clear winner in otherwise brutal quarter for chip makers.