Nvidia deal threatens Arm’s status as the Switzerland of chips

Nvidia failed to get into smartphones in a major way, but owning Arm will provide access to Apple and other handset giants that license Arm technology. — Reuters

Nvidia Corp’s record deal to buy Arm Ltd will encounter major hurdles from regulators in countries sparring over trade and customers concerned the transaction will limit competition and unfairly favour Arm’s future owner.

After announcing the US$40bil (RM165.22bil) agreement on Sept 13, Nvidia Chief Executive Officer Jensen Huang and his counterpart at Arm, Simon Segars, defended the combination in briefings spanning several times zones. They both acknowledged their work is just beginning.