Bulletins

EU set to probe the $40B Nvidia-Arm chip mega-merger

Nvidia's CEO Jensen Huang

Nvidia's CEO Jensen Huang

Photo: Patrick T. Fallon/Bloomberg via Getty Images

The European Union is gearing up to formally investigate Nvidia's proposed purchase of Arm, according to the Financial Times.

The news is not too surprising, given that the U.K.'s Competition and Markets Authority previously raised concerns about the deal. But it presents the first major wrinkle for a merger that has drawn condemnation from Qualcomm, Microsoft and Google. Rival chipmakers Broadcom, Marvell and MediaTek have come out in support of the acquisition.

Nvidia CEO Jensen Huang previously said the deal review is likely to blow past the March 2022 timeline.

Joe Williams

Joe Williams is a writer-at-large at Protocol. He previously covered enterprise software for Protocol, Bloomberg and Business Insider. Joe can be reached at JoeWilliams@Protocol.com. To share information confidentially, he can also be contacted on a non-work device via Signal (+1-309-265-6120) or JPW53189@protonmail.com.

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