US Joins UK, EU in Opposing Nvidia-Arm Deal

US Joins UK, EU in Opposing Nvidia-Arm Deal
A sign is posted in front of the Nvidia headquarters in Santa Clara, Calif., on May 10, 2018. Justin Sullivan/Getty Images
Benzinga
Updated:
The United States raised potential objections to Nvidia Corp.’s controversial acquisition of SoftBank Group Corp.-owned Arm, Financial Times reports.

Nvidia admitted that the Federal Trade Commission had “expressed concerns” about the Arm transaction and that it was in discussions with the agency about “remedies to address those concerns.”