Nvidia Seeks EU Approval for Arms Deal, Decision expired Oct 13: European Commission Request

Nvidia has sought EU antitrust approval for its $54 billion acquisition of Arm (about Rs. 3,98,090 crores), according to a European Commission document, with regulators likely echoing concerns similar to those expressed by the Arm’s watchdog. UK last month. The world’s largest graphics chip and AI maker announced the deal last year, raising concerns in … Read more

Nvidia says talks on a $40 billion arms deal take longer than expected

Nvidia said on Wednesday that talks with regulators to release its $40 billion (about INR 2.97.905 million) proposed takeover of British semiconductor technology company Arm are taking longer than expected. The release came as Nvidia, the world’s largest maker of gamer graphics chips and data center artificial intelligence chips, forecasts third-quarter revenue above Wall Street’s … Read more