NVIDIA TO BUY UK’S ARM, SPARKING FEARS OF CHIP DOMINANCE
U.S. graphics chip maker Nvidia said it plans to buy U.K.-based Arm Holdings in a deal worth up to $40 billion, in a move that would create a global powerhouse in the industry.
The deal, announced this week by Nvidia and Arm’s parent company, Japanese technology giant SoftBank, raises concerns about the independence of Arm, one of Europe’s most important tech companies.
The vast majority of the world’s smartphones
