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Nvidia Planning to Call Off Arm Deal as Chinese Regulatory Review Kicks Off

By
Josh Sisco
and
Mark Di Stefano
· · Source: Bloomberg

Nvidia is weighing plans to abandon the controversial $40 billion takeover of U.K.-based chip-designer Arm amid fierce pushback from regulators and rivals, according to Bloomberg. In the meantime, the companies are still making their case to enforcers around the world, with China’s antitrust regulator just kicking off its formal review last week. After more than a year of informal negotiations...

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CareRev co-founder Will Patterson stepped down as CEO last week. Art by Clark Miller
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