UK Invokes National Security To Probe Nvidia's ARM Deal
The UK government will look into the national security implications of U.S. group Nvidia's purchase of British chip designer ARM, it said on Monday, putting a question mark over the $40 billion deal. From a report: Digital minister Oliver Dowden said on Monday he had issued a so-called "intervention notice" over the sale of ARM by Japan's SoftBank to Nvidia. "As a next step and to help me gather the relevant information, the UKâ(TM)s independent competition authority will now prepare a report on the implications of the transaction, which will help inform any further decisions," he said. Nvidia said it did not believe the deal posed any material national security issues.
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