Santa Clara-headquartered Nvidia reportedly submitted an application to Chinese regulators in recent weeks. Arm did not immediately respond to CNBC's request for comment. Nvidia said the regulatory process was confidential, but it remains confident that it will receive approval and "close in early 2022."last September, Nvidia and Arm said it would take approximately 18 months to go through.
Arm has as a joint venture called "Arm China" with Chinese private equity firm Hopu Investments. Arm China is headquartered in Shanghai, meaning China's Ministry of Commerce and China's State Administration for Market Regulation will have the right to review the proposed Nvidia deal.
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