Nvidia set to seek EU okay for $54 bln Arm deal -sources


 Nvidia is likely to seek EU antitrust approval for its $54 billion takeover of British chip designer Arm early next month, with regulators expected to launch a full-scale investigation after a preliminary review, people familiar with the matter said.

The world’s biggest maker of graphics and AI chips announced the Arm deal last year, sparking an immediate backlash in the semiconductor industry.

Arm has long been a neutral player licensing key intellectual property to customers who are otherwise intense rivals, including Qualcomm Inc, Samsung Electronics Co Ltd and Apple Inc.

However, Nvidia said it has garnered the support of Arm customers Broadcom, MediaTek and Marvell , according to a presentation on its website.


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