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The FTC has filed a lawsuit seeking to block the largest chip merger in history, the $40 billion transaction that would have NVIDIA purchase Arm Holdings.
Vertical deal between chip supplier Nvidia and chip design provider Arm would allow combined firm to stifle competing next-gen technologies.
The Federal Trade Commission today sued to block U.S. chip supplier Nvidia Corp.’s $40 billion acquisition of U.K. chip design provider Arm Ltd. Semiconductor chips power the computers and technologies that are essential to our modern economy and society.
The Federal Trade Commission today sued to block U.
Arm is a core supplier of architecture technology to most semiconductor companies. Its Arm instruction set is at the core of nearly all mobile processors powering smartphones, including those made by Apple and Android devices that use Qualcomm chips. On November 16, Patently Apple posted a report titled " The U.K. Government orders a 'Phase 2' full-blown Investigation into Nvidia's takeover of Cambridge Chip Designer 'Arm'" Today, the U.S. Federal Trade Commission today sued to block U.S. chip supplier Nvidia Corp.’s $40 billion acquisition of U.K. chip design provider Arm Ltd.