There’s more bad news about Nvidia’s acquisition of ARM. However, another agency has concerns about Nvidia’s complete control of the UK chip company that provides the blueprints to heaps of tech companies including Apple and Samsung. Just days after a file The UK launched a six-month investigation into the dealThe US Federal Trade Commission also decided to step in to examine the move.
During Nvidia’s third-quarter earnings call, CFO Collette Kress revealed the FTC’s interest in the acquisition (via protocol). No further details were provided about the FTC’s investigation, but given the UK’s investigation, and the European Commission’s broadening of consideration, that doesn’t bode well.
When Nvidia first announced a file $40 billion acquisition of ARM in September 2020The company expected it to be fully completed within two years. As more interested parties continue to jump on the investigation bandwagon, this appears to be a loftier and higher goal.
It only makes sense that there would be concern about the acquisition of Nvidia ARM. Many companies rely on and use ARM designs, so having one manufacturer technologically dominant can lead to an incredibly unfair market shift, or lead to potential security holes. Nvidia has pledged to maintain ARM’s neutrality, with the following statement.
“As part of Nvidia, Arm will continue to operate its open licensing model, while maintaining the global customer neutrality that has been the basis of its success, with 180 billion chips shipped to date by licensees. Arm partners will benefit from both. Corporate offerings, including Nvidia’s many innovations.”
Although, given both potential business and national security concerns, you can see why so much has been researched.
ARM has a long history as one of the most important UK-based technology companies, and the acquisition of Nvidia could be huge. You can learn more about the deal and What that means for the technology, games, and companies involved in our walkthrough.