It was back in September 2020 that we first found out Nvidia was set to acquire the UK chip designer ARM for a cool $40 Billion. ARM is a pretty big player when it comes to chips, licensing blueprints to all sorts of other companies like Apple, Samsung, and Qualcomm. It’s a very important company in the UK technology scene.
Back then, Nvidia announced plans to expand ARM’s Cambridge headquarters into a new AI focussed research and development site. AI seemed to be a driving part of Nvidia’s goals with the acquisition and the company expected the deal to be done within 18 months.
This seems unlikely to come about as the UK has just launched a six-month long investigation into Nvidia’s acquisition of ARM. Reuters reports that Britain is launching the investigation due to ARMs position in the industry, citing national security and the broader supply chain as potential issues.
