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Arm Ltd. (stylized as arm) is a British semiconductor and software design company owned by Japanese conglomerate SoftBank Group.
But if Nvidia buys it, then it will be American.
At what price is NVDA is a bargain?
Arm's blueprints for powering chipsets are a critical component for many Chinese smartphone makers and AI firms and China is expected to take a dim view of an American company having so much sway in an industry it has prioritised in its battle for tech supremacy with the United States.
"Anything that creates more concentration in the industry to the benefit of a U.S. company, I would think that's not aligned with what China wants, said Art Dicker, director at Shanghai-based R&P China Lawyers.
China's State Administration for Market Regulation, which has to give the go-ahead for the deal alongside other regulators globally, did not respond to a request for comment.
Shares of Nvidia rose 7.6% on Monday following the announcement.
https://finance.yahoo.com/news/nvidia-acquisition-arm-throws-company-121056686.html