1. Nvidia-Arm Deal Faces Scrutiny From Regulators, Big Tech Companies
Nvidia’s proposal to acquire British chip designer Arm for $40 billion is receiving scrutiny on multiple fronts, including in the United Kingdom, where the government’s Competition and Markets Authority is undergoing an investigation into potential national security, competition and jurisdiction issues.
The U.K.’s Competition and Markets Authority said it delivered its report on such concerns to Digital Secretary Oliver Dowden, who is now expected to make a decision on whether to clear the acquisition, clear it with certain conditions or call for a phase two investigation. At the same time, The Telegraph reported that the European Commission’s decision on the deal could be delayed because the regulatory body has yet to receive necessary documents from Nvidia.
The Nvidia-Arm deal is reportedly facing scrutiny from Microsoft, Google and Qualcomm, the latter of which has voiced its opposition to the deal in comments to the Federal Trade Commission, the European Commission, the U.K.’s Competition and Markets Authority and China’s State Administration for Market Regulation. In addition, Intel CEO Pat Gelsinger recently reiterated in an interview with CRN that his company is concerned about Nvidia acquiring Arm. At the same time, chipmakers Broadcom, MediaTek and Marvell have all voiced support for the deal.