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FTC moves to block Nvidia’s $40 billion Arm acquisition

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Just one week ago, we learned that the US Federal Trade Commission (FTC) had raised some concerns and began investigating Nvidia’s proposed acquisition of Arm. Things have escalated since then, with the FTC suing Nvidia to block the acquisition. The FTC announced this move yesterday, with the commission’s Bureau of Competition director, Holly Vedova, saying: …
Just one week ago, we learned that the US Federal Trade Commission (FTC) had raised some concerns and began investigating Nvidia’s proposed acquisition of Arm. Things have escalated since then, with the FTC suing Nvidia to block the acquisition. The FTC announced this move yesterday, with the commission’s Bureau of Competition director, Holly Vedova, saying: “The FTC is suing to block the largest semiconductor chip merger in history to prevent a chip conglomerate from stifling the innovation pipeline for next-generation technologies.

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