Co-founder of Arm attacks sale to Nvidia as a 'disaster'

The sale of British chip designer Arm to Nvidia Corp by Japan's SoftBank is a disaster that will destroy its business model and should be blocked, Arm's co-founder said on Sept 14. — Reuters

LONDON: The US$40bil (RM165.86bil) sale of British chip designer Arm to Nvidia Corp by Japan's SoftBank is a disaster that will destroy its business model and should be blocked, Arm's co-founder said on Sept 14.

Struck overnight, the sale to the US company just four years after SoftBank bought Arm will put vital supplies to Apple and others under the control of a single player, sparking potential pushback from regulators and Nvidia's rivals.