Nvidia offers EU concessions over $54 billion Arm deal

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BRUSSELS, Oct 6 (Reuters) – Nvidia (NVDA.O) has offered concessions in a bid to secure EU antitrust approval for its $54 billion acquisition of British chip designer Arm, a European Commission filing showed on Wednesday.

The deal announced by world’s biggest maker of graphics and AI chips last year has sparked concerns in the semiconductor industry over whether Arm could remain a neutral player licensing intellectual property to customers and rivals.

https://www.reuters.com/technology/nvidia-offers-eu-concessions-over-arm-buy-2021-10-06/

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