Tech

Qualcomm seeks to block NVIDIA’s $40 billion bid to buy ARM

It was back in September when we told you that GPU designer NVIDIA had agreed to pay $40 billion for ARM Holdings. The latter’s main business is the design of CPU cores and the company was owned by SoftBank. The Japanese tech firm will reportedly turn an $8 billion profit on the transaction once it closes. To close, the purchase of ARM by NVIDIA will need to be approved by regulators around the world.
, U.S. chip designer Qualcomm has relayed its opposition to the deal with regulatory agencies including the Federal Trade Commission (FTC), the European Commission …

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