News Snapshot:
Chinese technology companies including Huawei have expressed strong concerns to local regulators about Nvidia's proposed acquisition of Arm, Bloomberg reported Wednesday, citing people familiar with the matter said, potentially jeopardizing the $40 billion semiconductor deal. From a report: Several of the country's most influential tech firms have been lobbying the State Administration for Market Regulation to either reject the transaction or impose conditions to ensure their access to Arm technology, the people said. Chief among their concerns is that Nvidia may force the British firm to cut off Chinese clients, they said, asking not to be identified discussing private deliberations....
