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UK considers blocking Nvidia takeover of Arm over security

UK considers blocking Nvidia takeover of Arm over security
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

United Kingdom , United States , Anand Srinivasan , Simon Segars , Donald Trump , Masayoshi Son , Oliver Dowden , Jensen Huang , Boris Johnson , Newport Wafer Fab Ltd , Arm Ltd , Nvidia Corp , Huawei Technologies Co , Alibaba Group Holding Ltd , Japan Softbank Group Corp , European Union , Qualcomm Inc , Intel Corp , Vision Fund , Devices Inc , Softbank Group Corp , United Kingdom Culture Secretary Oliver Dowden , Markets Authority , President Donald Trump , Wafer Fab Ltd , Minister Boris Johnson ,

UK Considers Blocking Nvidia Takeover of Arm Over Security

UK Considers Blocking Nvidia Takeover of Arm Over Security
datacenterknowledge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from datacenterknowledge.com Daily Mail and Mail on Sunday newspapers.

United Kingdom , United States , Donald Trump , Masayoshi Son , Oliver Dowden , Jensen Huang , Giles Turner Bloomberg , Simon Segars , Kitty Donaldson , Boris Johnson , Newport Wafer Fab Ltd , Arm Ltd , Nvidia Corp , Huawei Technologies Co , Alibaba Group Holding Ltd , Japan Softbank Group Corp , European Union , Qualcomm Inc , Intel Corp , Vision Fund , Devices Inc , Chip Technology , Giles Turner , Softbank Group Corp , Secretary Oliver Dowden , Markets Authority ,

U.K. considers blocking chipmaker Nvidia's takeover of Arm over security risks

Aug 4, 2021
The U.K. is considering blocking a takeover of Arm Ltd. by Nvidia Corp. due to potential risks to national security, according to people familiar with the discussions.
Nvidia, the biggest U.S. chip company by market capitalization, announced in September a $40 billion deal to acquire Arm from Japan’s SoftBank Group Corp., as part of a push to spread its reach in the surging market for semiconductors. SoftBank has been selling assets to raise cash for buybacks and fresh investments in startups.
In April, U.K. Culture Secretary Oliver Dowden asked the Competition and Markets Authority (CMA) to prepare a report on whether the deal could be deemed anti-competitive, along with a summary of any national security concerns raised by third parties. ....

United Kingdom , United States , Anand Srinivasan , Simon Segars , Donald Trump , Masayoshi Son , Oliver Dowden , Jensen Huang , Boris Johnson , Newport Wafer Fab Ltd , Arm Ltd , Nvidia Corp , Huawei Technologies Co , Alibaba Group Holding Ltd , Japan Softbank Group Corp , European Union , Qualcomm Inc , Intel Corp , Vision Fund , Devices Inc , Softbank Group Corp , Secretary Oliver Dowden , Markets Authority , Wafer Fab Ltd , Minister Boris Johnson , Chinese Owned Huawei Technologies ,

UK considers blocking chip company takeover

UK considers blocking chip company takeover
4 min.
today at 07:03
US company Nvidia announced in September a $40 billion deal to acquire Arm, a UK-based semi conductor firm
US company Nvidia announced in September a $40 billion deal to acquire Arm, a UK-based semi conductor firm
Semiconductors are missing amid high demand
Photo credit: Shutterstock
The UK is considering blocking a takeover of Arm Ltd. by Nvidia Corp. due to potential risks to national security, according to people familiar with the discussions.
Nvidia, the biggest U.S. chip company by market capitalisation, announced in September a $40 billion deal to acquire Arm from Japanâs SoftBank Group Corp., as part of a push to spread its reach in the surging market for semiconductors. SoftBank has been selling assets to raise cash for buybacks and fresh investments in startups. ....

United Kingdom , United States , Simon Segars , Donald Trump , Masayoshi Son , Oliver Dowden , Jensen Huang , Boris Johnson , Newport Wafer Fab Ltd , Arm Ltd , Nvidia Corp , National Security , Huawei Technologies Co , Alibaba Group Holding Ltd , Japan Softbank Group Corp , European Union , Qualcomm Inc , Intel Corp , Vision Fund , Devices Inc , Softbank Group Corp , United Kingdom Culture Secretary Oliver Dowden , Markets Authority , President Donald Trump , Wafer Fab Ltd , Minister Boris Johnson ,

Nvidia Gives Strong Forecast on Gamer, Data Center Demand

Nvidia Gives Strong Forecast on Gamer, Data Center Demand
Data center chip sales were up 80 percent and gaming revenue doubled in Nvidia s fiscal first quarter.
Bloomberg | May 26, 2021
Ian King (Bloomberg) Nvidia Corp., the largest U.S. chipmaker by market value, gave a bullish forecast on demand for chips used in gaming PCs, data centers and cryptocurrency mining.
Revenue in the current quarter will be about $6.3 billion, plus or minus 2%, the Santa Clara, California-based company said in a statement late Wednesday. The sales prediction compares with a $5.49 billion average analyst estimate, according to data compiled by Bloomberg.
Founder and Chief Executive Officer Jensen Huang has drawn investors to his company’s stock by persuading owners of data centers that are the backbone of the internet that his graphics chips are key to artificial intelligence-based computing. The company expects that demand and orders from gamers to continue to improve ....

United States , Santa Clara , Ian King , Jensen Huang , Samsung Electronics Co , Nvidia Corp , Taiwan Semiconductor Manufacturing Co , Chief Executive Officer Jensen Huang , Taiwan Semiconductor Manufacturing , Samsung Electronics , New York Wednesday , ஒன்றுபட்டது மாநிலங்களில் , சாந்தா கிளாரா , ஈயந் கிங் , ஜென்சன் ஹுவாங் , சாம்சங் மின்னணுவியல் இணை , டைவாந் குறைக்கடத்தி உற்பத்தி இணை , தலைமை நிர்வாகி அதிகாரி ஜென்சன் ஹுவாங் , டைவாந் குறைக்கடத்தி உற்பத்தி , சாம்சங் மின்னணுவியல் , புதியது யார்க் புதன்கிழமை ,