FTC steps in to block Nvidia’s $40B acquisition of Arm

America’s Federal Trade Commission (FTC) has become the first regulator to sue to block Nvidia’s acquisition of British chip designer Arm.

Arm plays a critical role in the global technology supply chain with its designs used for edge AI chips and processors for smartphones, tablets, desktops, and servers.

It’s of little surprise that Nvidia wants to bring Arm under its wing and is willing to pay $40 billion (£29 billion) for it.

Global regulators,...

3 December 2021 | Legislation & Government

UK considers blocking Nvidia’s $40B acquisition of Arm

Bloomberg reports the UK is considering blocking Nvidia’s $40 billion acquisition of Arm over national security concerns.

Over 160 billion chips have been made for various devices based on designs from Arm. In recent years, the company has added AI accelerator chips to its lineup for neural network processing.

In the wake of the proposed acquisition, Nvidia CEO Jensen Huang said:

“ARM is an incredible company and it employs some of the greatest engineering...

4 August 2021 | Companies