[TechWeb]November 19th news, according to foreign media reports, in the financial report of the third fiscal quarter of fiscal 2022 and the subsequent analyst conference call, Nvidia CFO Colette Kress (Colette Kress) revealed that the U.S. Federal Trade Commission (FTC) has expressed concern about their deal to acquire Arm.
Colette Kress also revealed that they are negotiating with the US Federal Trade Commission on how to alleviate their concerns.
It is unclear why the FTC is concerned about Nvidia’s acquisition of Arm, but Colette Kress revealed that some of Arm’s intellectual property licensing customers are concerned about the acquisition and some are opposed to the acquisition.
Colette Kress revealed that the US Federal Trade Commission has concerns about the acquisition, which means that after the EU and the UK, the US is also closely watching Nvidia’s acquisition of Arm.
On October 27, the European Union announced an in-depth investigation into Nvidia’s acquisition of Arm. The EU is concerned that after the acquisition of Arm, Nvidia has the ability and motivation to restrict Nvidia’s competitors from acquiring Arm’s technology, and that the acquisition may also lead to higher prices for semiconductor products and weaken innovation in the semiconductor industry.
On November 16, the United Kingdom also released a report on the first phase of the NVIDIA acquisition of Arm. It has found that the acquisition may weaken the competition in four major areas, including data centers and the Internet of Things, and announced the second phase of the investigation.
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