Nvidia: takeover of chip designer Arm faces a UK national securi

Nvidia’s $40 billion takeover of chip designer Arm faces a UK national security probe

 

KEY POINTS

• Digital and Culture Secretary Nadine Dorries ordered a “phase 2” probe into Nvidia’s $40 billion bid for Arm on Tuesday.
• The probe — to be carried out by the Competition and Markets Authority — will investigate antitrust concerns and national security issues associated with the deal.
• Arm was spun out of an early computing company called Acorn Computers in 1990. 
• The company’s energy-efficient chip architectures are used in 95% of the world’s smartphones and 95% of the chips designed in China.

https://www.cnbc.com/2021/11/16/nvidias-arm-takeover-faces-uk-national-security-inquiry.html