Santa Clara chipmaker Nvidia's $40bn ARM takeover hits UK antirust hurdle - NewsBreak

Nvidia Corp., the Santa Clara, California-headquartered American multinational chipmaker's $40 billion takeover deal for British chip designer ARM had been met with a hefty blow on Friday, as a UK antitrust regulator had said the planned merger would injure competitiveness while weakening rivals and require further investigation, pointing towards a tattering backlash that could delay the conclusion of the deal by a substantial scale, or even add to hindrances, suggested analysts.