Nvidia vows to invest in Britain as part of Arm deal

By Kate Holton and Douglas Busvine

Nvidia is the biggest US chip company by market capitalisation. — Reuters

LONDON: The head of Nvidia Corp vowed to invest in Britain with more jobs and R&D as part of its US$40bil (RM166.1bil) purchase of chip designer Arm that has sparked concerns about Arm's independence and future in the country.

Nvidia, the biggest US chip company by market capitalisation, has agreed to buy Arm from Japan's SoftBank, prompting the office of British Prime Minister Boris Johnson to say it would scrutinise the deal and act if necessary.

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