Friday, 24 March, 2023

$40B Nvidia, ARM deal hits major UK regulation hurdle

<p>Britain&#39;s competition regulator put a block on Nvidia&#39;s $40B ARM acquisition deal. The regulator said the merged entity of Nvidia-ARM could reduce competition in the global market and pose a serious threat to innovation. ARM is currently owned by Japan&#39;s SoftBank, since 2016, and many believe it should not be sold again. Some analysts believe the deal will be blocked entirely, with the deadline being September 2022.<br /> <br /> <br /> &nbsp;</p>