Business News

The UK expected Nvidia to investigate ARM’s offer for reasons of national security

[ad_1]

© Reuters. FILE PHOTO: The logo of the technology company Nvidia is seen at its headquarters in Santa Clara, California on February 11, 2015. REUTERS / Robert Galbraith / File Photo

(Reuters) – UK ministers are expected to order an in-depth investigation into the acquisition of British designer ARM chip Nvidia (NASDAQ 🙂 Corp. 30 billion pounds ($ 40.24 trillion), the Sunday Times reported.

British Digital and Culture Secretary Nadine Dorries will order the Competition and Markets Authority next week to conduct a “two-phase” review of the agreement, the report added.

($ 1 = 0.7455 pounds)

Note: Fusion Media We would like to remind you that the data collected on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges, but by creative markets, so prices may not be accurate and may differ from actual market prices, i.e. prices are significant and not suitable for trading purposes. Therefore, Fusion Media does not assume any responsibility for any commercial losses you may suffer as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not be liable for any loss or damage as a result of relying on the information contained in the data, estimates, charts and buy / sell signals contained on this website. Please be fully informed about the risks and costs associated with trading in the financial markets, which is one of the most risky forms of investment possible.



[ad_2]

Source link

Related Articles

Back to top button