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The Federal Trade Commission on Thursday sued to block graphics chip maker Nvidias $40 billion purchase of chip designer Arm, saying the deal would create a powerful company that could hurt the growth of new technologies. Nvidia Corp., based in Santa Clara, California, said in September 2020 that it was buying United Kingdom-based Arm Ltd. from Japanese technology giant Softbank to create the worlds premier computing company for the age of AI." But the deal immediately raised concerns that Arm would abandon its business model of licensing chip designs to hundreds of tech companies, including many of Nvidias competitors. Arm''s chip designs power many of the world''s smartphones. The FTC is suing to block the largest semiconductor chip merger in history to prevent a chip conglomerate from stifling the innovation pipeline for next-generation technologies, FTC Bureau of Competition Director Holly Vedova said in a news release. This proposed deal would distort Arms incentives in chip markets and allow the combined firm to unfairly undermine Nvidias rivals. The deal would give the combined company control over technology that rival firms need to develop their own chips, the FTC alleged.

Yet another obstacle has come between NVIDIA''s and Arm''s pending merger. This time around, it''s a full-on lawsuit from the FTC.

The Federal Trade Commission has sued to block Nvidia''s $40 billion acquisition of chip design company Arm, claiming that the deal could stifle innovation and harm competition in the chip market.

FTC sues to block Nvidias $40B purchase of Arm mhamblen Thu, 12/02/2021 - 16:56

The Federal Trade Commission today sued to block U.S. chip supplier Nvidia Corp.s $40 billion acquisition of U.K. chip design provider Arm

TSMC has been having a very busy year, especially where headlines are concerned. Between its differing views with the U.S. government and the eye-catching win of NVIDIAs contractual interests, its had no shortage of high-profile news surrounding it. And its once again making the front page now that its 3nm pilot production program is officially [] The post TSMC ushers in its 3nm era of chip production, aims to go big in late 2022 appeared first on TECHTELEGRAPH .

The U.S. Federal Trade Commission (FTC) today sued to block Nvidias $40 billion acquisition of chip designer Arm, citing competitive concerns. The post FTC Sues to Block Sale of Arm to Nvidia appeared first on Thurrott.com .

NVIDIA''s plan to acquire ARM just hit a major stumbling block: The FTC has sued to block the merger over concerns the $40 billion deal would "stifle" competition for multiple technologies.

NVIDIA''s plan to acquire ARM just hit a major stumbling block: The FTC has sued to block the merger over concerns the $40 billion deal would "stifle" competition for multiple technologies.

The U.S. Federal Trade Commission on Thursday sued to block U.S. chip supplier Nvidia Corp''s planned $50 billionplus acquisition of British chip design provider Arm.

Brent Kendall / Wall Street Journal : FTC sues to block Nvidia''s $40B acquisition of Arm, arguing the chip-industry deal is anticompetitive The regulator alleges the semiconductor deal is anticompetitive WASHINGTONThe Federal Trade Commission on Thursday challenged Nvidia Corp.''s proposed $40 billion takeover of Arm Holdings

The proposed deal would give Nvidia control over computing technology and designs that rival firms rely on.

The deal has faced scrutiny from regulators since it was announced last year, and the U.S. action is the biggest hurdle it has faced yet.