Nvidia's planned acquisition of chip designer ARM looks set to face a lengthy inquiry after a U.K. regulator said on Friday the takeover could lead to 'significant competition concerns.'planned $40-billion acquisition of British chip designer ARM looks set to face a lengthy inquiry after a U.K. regulator found the purchase by the U.S. group would hit competition and could weaken rivals.
While Nvidia, the world’s biggest maker of graphics chips and AI chips, had offered remedies to lessen the impact, the CMA did not believe they would alleviate its concerns.“The CMA found that the merger should be progressed to an in-depth Phase 2 investigation on competition grounds,” it said. ARM, which is owned by Japan’s SoftBank, agreed to be sold to Nvidia in September. As well as competition concerns it has also raised alarm over Britain’s national security.
Semiconductors also underpin critical infrastructure in Britain and the government has said they are in technology related to defence and national security matters.
'Interesting article! This most critical STEM intensive infrastructure deserves more detailed media coverage.' From comments section.
“We’re concerned that Nvidia controlling ARM could create real problems for Nvidia’s rivals by limiting their access to key technologies, and ultimately stifling innovation across a number of important and growing markets” -Andrea Coscelli, head of Competition & Markets Authority
Nvidia Corp is an American multinational technology company incorporated in Delaware and based in Santa Clara, California. It designs graphics processing units for the gaming and professional markets, as well as system on a chip units for th mobile computing and automotive market
It'll get shot down.