Apr 20 2021, 5:18 AM
April 19 2021, 6:41 PM
April 20 2021, 5:18 AM
(Bloomberg) Nvidia Corp. shares fell after the U.K. said it will intervene in the U.S. companyâs $40 billion deal for British semiconductor designer Arm Ltd. on national security grounds.
(Bloomberg) Nvidia Corp. shares fell after the U.K. said it will intervene in the U.S. companyâs $40 billion deal for British semiconductor designer Arm Ltd. on national security grounds.
The Department for Digital, Culture, Media and Sport ordered the countryâs antitrust watchdog to investigate the implications of the deal and make a report by midnight on July 30, according to a statement issued on Monday. Nvidia shares slid 1.8% as the market opened in New York.
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It s being reported this morning that the U.K. will intervene on Nvidia Corp.’s $40 billion deal for British semiconductor designer Arm Ltd. on national security grounds. In a press release, The UK s Digital Secretary Oliver Dowden stated.
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