Tesla, Amazon and Samsung don’t want Nvidia to buy Arm

According to a source with reference to The Telegraph, Elon Musk opposed Nvidia buying the British manufacturer of single-chip systems Arm: Tesla signaled to the regulator about possible problems in competition that may arise as a result of the takeover. According to the Sunday Telegraph, Amazon and Samsung have also opposed the purchase of Arm, and earlier expressed concerns about the deal from Qualcomm, Microsoft, Google and Huawei. The FTC is already completing a thorough investigation of the deal, with results expected to be released in the next few weeks.

Tesla, Amazon and Samsung don’t want Nvidia to buy Arm

Nvidia expects to get approval from the EU antitrust regulator early next month, but preliminary investigation by the UK Competition and Markets Authority found that Nvidia’s acquisition of Arm poses a huge risk of stifling innovation. Despite the optimistic mood, Nvidia understands that the deal is at least delayed. During the announcement of the results of financial activities for the last quarter, the head of the company Jensen Huang (Jensen Huang) frankly said that the original plan to merge Nvidia and Arm until March 2022 is unlikely to be implemented in time.

.
Source Link

You may also like