News Snapshot:
Nvidia was tipped to face a European roadblock to a proposed acquisition of UK-based chip designer Arm, potentially adding further fuel to a fire of opposition from competition regulators and rival technology outfits. European Commission (EC) information shows it set a provisional deadline of 27 October to officially respond to an application Nvidia submitted early last month. It confirmed reports the chip company had offered various commitments around preserving competition last week. But Reuters today (12 October) reported the EC is unconvinced by the arrangements Nvidia offered and is likely to move to a full-scale investigation of the deal. The...
