US says Nvidia-Arm deal harms market for networking, self-driving car chips

The U.S. Federal Trade Commission on Monday argued that competition in the nascent markets for chips in self-driving cars and a new category of networking chips could be hurt if Nvidia Corp carries out its US$80 billion purchase of Arm Ltd.

On Monday, the FTC released a redacted version of its complaint. It said it believes Nvidia's purchase of Arm would hurt competition because hundreds of chip companies that rely on Arm would be hesitant to keep working closely with the British firm for fear of Nvidia gaining access to their product plans.

Nvidia has argued that Intel's x86 architecture has 97.4per cent market share in data center servers, saying that it will invest in Arm to make it a more viable alternative. Nvidia declined to comment beyond a statement issued last week saying it plans to"work to demonstrate that this transaction will benefit the industry and promote competition."

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