Nvidia’s takeover of Arm gets support from Broadcom and other ch

 

Nvidia’s takeover of Arm gets support from Broadcom and other chip heavyweights

• https://www.cnbc.com/2021/06/28/nvidias-takeover-of-arm-gets-support-from-broadcom-mediatek-marvell.html
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• The deal, which was announced last September, is being probed by antitrust regulators in the U.S., Europe, China and the U.K. 
• Rival Qualcomm has said that Nvidia could limit the supply of Arm’s technology to its competitors or raise prices. Google and Microsoft have raised the same concerns with regulators, according to Bloomberg.
• But Hock Tan, president and chief executive of Broadcom, said in a statement shared with CNBC that his company is backing the deal after receiving the necessary assurances. 
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