Nvidia announced the agreement with Arm in September 2020.
Nvidia
The US Federal Trade Commission said Thursday that it’s suing to block Nvidia’s takeover of chip designer Arm. The deal, worth $40 billion, would give Nvidia “control over the computing technology and designs that rival firms rely on to develop their own competing chips,” according to the FTC.
The FTC alleges the combined Nvidia-Arm company “would have the means and incentive to stifle innovative next-generation technologies, including those used to run data centers and driver-assistance systems in cars.”
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