Sunday, 29 May 2022

ARMistice? Nvidia may withdraw from battle to acquire chip company

by Harry Baldock, Total Telecom
Tuesday 25 January 22

Sources suggest that Nvidia is preparing to abandon its purchase of the UK-based chip designer, suggesting that “little to no progress” has been made after months of regulatory battles

Back in September 2020, Nvidia announced that it had bid $40 billion to purchase ARM,  The deal was immediately controversial for both corporate and political reasons, launching a host of regulatory investigations.  One of the main issues is that ARM’s designs are currently used by almost all of Nvidia’s major rivals, including the likes of Qualcomm and Intel, with these companies raising concerns that the purchase would allow Nvidia to block their access to ARM tech or charge them higher fees…

Back in September 2020, Nvidia announced that it had bid $40 billion to purchase ARM,  The deal was immediately controversial for both corporate and political reasons, launching a host of regulatory investigations.  One of the main issues is that ARM’s designs are currently used by almost all of Nvidia’s major rivals, including the likes of Qualcomm and Intel, with these companies raising concerns that the purchase would allow Nvidia to block their access to ARM tech or charge them higher fees…

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