EU All Set To Formally Probe $54 Billion NVIDIA-ARM Merger - NewsBreak

Brussels will be launching a formal investigation concerning high competitive levels in lieu of NVIDIA's forthcoming takeover of Arm, the leading British chip manufacturer. The planned takeover between the two companies is upwards of $54 billion (£39 billion), an amount that was agreed upon several months back. After repeated discussions between NVIDIA and UK's Competition and Markets Authority (CMA), it appears we are about to see NVIDIA set a massive move in acquiring one of the largest chip manufacturers in the world.