Nvidia said to seek EU approval for Arm takeoverANTITRUST: The European Commission is likely to launch a 90-day full-scale probe after a 25-day preliminary review of Nvidia’s US$54 billion bid to acquire the chip designer Nvidia is likely to seek EU antitrust approval for its US$54 billion takeover of British chip designer Arm early next month, with regulators expected to launch a full-scale investigation after a preliminary review, people familiar with the matter said. The world’s biggest maker of graphics and artificial-intelligence chips announced the Arm deal last year, sparking an immediate backlash in the semiconductor industry. Arm has long been a neutral player licensing key intellectual property to customers that are otherwise intense rivals, including Qualcomm Inc, Samsung Electronics Co and Apple Inc. However, Nvidia said it has garnered the support of Arm customers Broadcom, MediaTek and

Source: Taipei Times August 31, 2021 15:56 UTC