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Bloomberg reported that big tech companies like Alphabet, Qualcomm and Microsoft are complaining to U.S. antitrust agencies about Nvidia’s acquisition of ARM, the chip design company.
Nvidia reached an agreement with the Japanese group Softbank last September to buy Arm.
In October last year, SoftBank Group CEO Masayoshi Son said the sale of chip design company ARM to Nvidia would boost growth in computing capacity.
The deal remains at the center of the tech sector and is valued at $ 40 billion.
Additionally, Chinese tech companies, including Huawei, have expressed serious concerns to regulators over Nvidia’s proposed acquisition of British Arm technology.
It comes amid fears from Chinese tech companies that Nvidia is forcing the UK company to boycott Chinese customers after buying it from Japanese group “SoftBank” and subjecting it to US jurisdiction.
The Chinese companies have called on the country’s regulators to intervene to prevent the deal from being concluded or to impose conditions to ensure their access to the British arm if the deal is concluded.
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