The EU and the UK are set to open in-depth competition investigations into Nvidia’s $40bn acquisition of the UK chip designer Arm, after rivals called for the deal to be blocked.
Officials and advisers in both Brussels and the UK said that serious scrutiny of the deal was warranted, given the growing importance of Arm’s designs, which are used in almost all smartphone processors and many other devices that require low-power chips.
“This deal will be thoroughly investigated [?.?.?.?] and scrutiny may lead all the way to a prohibition,” said one person with direct knowledge of the situation. Others noted that the deal could still pass unconditionally or with concessions.