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Nvidia and ARM: Beijing blocks mega acquisition

Probably the most important high-tech deal of the year is entering its final stages. With the end of the Brussels summer break in two weeks, US chip manufacturer Nvidia is expected to notify the acquisition of British chip designer ARM to the EU Commission for review under competition law. Prior to this, the UK government could still comment: The Secretary of State for Digital Oliver Dowden is currently evaluating a report by market regulator CMA, which also sheds light on consequences for the UK’s national security. But in all likelihood, the major project will fail due to China’s resistance.

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