Nvidia’s Arm acquisition undergoes more scrutiny by the UK government

Nvidia’s $40 billion proposed acquisition of the Brtish chip designer, Arm, will undergo an even more in-depth investigation by the UK’s Competition and Markets Authority (CMA), as reported by CNBC. A notice on the UK government’s website confirms that Nadine Dorries, the UK’s Secretary of State for Digital, Culture, Media, and Sport, ordered the CMA to launch a Phase 2 investigation. The probe will take place over a 24-week period and will scrutinize potential national security risks and competition concerns associated with the acquisition.

The CMA completed its Phase 1 probe in August — which you can now read in its entirety as a PDF — with CMA’s chief executive Andrea Coscelli commenting that “NVIDIA controlling Arm could create real…

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