WebDec 7, 2024 · On December 2, 2024, the Federal Trade Commission (FTC) filed an administrative complaint against the chip supplier NVIDIA challenging its acquisition of … WebDec 4, 2024 · Nvidia first announced its intention to acquire Arm in September 2024. At the time, the deal was worth $40 billion, but since then, Arm’s stock price has soared, and …
FTC
WebDec 2, 2024 · The FTC’s complaint alleges that the deal would hurt competition in advanced driver assistance systems, data center networking products and Arm-based cloud computing. The deal would also theoretically give Nvidia access to information about its rivals, and lessen Arm’s incentives to pursue innovation that may conflict with Nvidia’s ... WebDec 3, 2024 · The Federal Trade Commission yesterday sued to block U.S. chip supplier Nvidia Corp.’s $40 billion acquisition of U.K. chip design provider Arm Ltd. ... The FTC’s complaint alleges that the combined firm would have the means and incentive to stifle innovative next-generation technologies, including those used to run datacenters and … ts const proxy getcurrentinstance
FTC sues to block Nvidia
WebDec 3, 2024 · The merged firm would have less incentive to develop or enable otherwise beneficial new features or innovations if Nvidia determines they are likely to harm Nvidia, the complaint alleges. The complaint names Nvidia Corp., Arm Ltd., and Arm owner Softbank Group Corp. The Commission vote to issue the administrative complaint was 4-0. WebDec 2, 2024 · The merged firm would have less incentive to develop or enable otherwise beneficial new features or innovations if Nvidia determines they are likely to harm Nvidia, the complaint alleges. The complaint names Nvidia Corp., Arm Ltd., and Arm owner Softbank Group Corp. The Commission vote to issue the administrative complaint was 4-0. WebDec 6, 2024 · On December 2, 2024, the Federal Trade Commission (FTC) filed an administrative complaint against the chip supplier NVIDIA challenging its acquisition of … phillywatchguy