“Tomorrow’s technologies depend on preserving today’s competitive, cutting-edge chip markets,” the FTC said
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The US’ Federal Trade Commission is suing to block Nvidia’s acquisition of chip manufacturer Arm.
The lawsuit was filed yesterday, with the FTC alleging that the acquisition would give Nvidia an unfair competitive advantage.
It identified three markets in which the Arm takeover would harm competition: high-level advanced driver assistance systems for passenger cars, DPU-based network interface cards, and Arm-based CPUs for cloud computing service providers.
It further said that Nvidia acquiring Arm would give the company access to “competitively sensitive information of Arm’s licensees,