Nvidia seeks EU approval for Arm deal, decision due Oct. 13 - News Summed Up

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Nvidia seeks EU approval for Arm deal, decision due Oct. 13


The world's biggest maker of graphics and AI chips announced the deal last year, triggering concerns in the semiconductor industry over whether Arm could remain a neutral player licensing key intellectual property to customers and rivals. Arm customers Broadcom, MediaTek and Marvell are backing the deal. This transaction will be beneficial to Arm, its licensees, competition, and the industry," Nvidia said in a statement. It has previously said it would maintain Arm as a neutral technology supplier. Britain's competition watchdog has warned that the deal could damage competition and weaken rivals, and required a further lengthy investigation.


Source: The Star September 08, 2021 16:07 UTC



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