Nvidia intends to acquire the British chip design company ARM. According to information provided by the European Commission, the EU antitrust agency has temporarily suspended investigations into the acquisition because they are waiting for more information. Originally, the final time set by the European Commission was November 25, and there was nothing unusual about the postponement.
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Affected by the new crown pandemic, some customers are facing bans and labor shortages, and numbers are difficult to collect. Nvidia is the world’s largest manufacturer of graphics cards and AI chips. Last week, the US FTC also stood up to block the transaction. First, the EU competition agency claimed that the trade would push up prices, reduce choices, and weaken innovation. The US agency only made a sound two months later.