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The bid, which put a price tag of $40 billion on Arm, was unveiled in September 2020 and has since faced intense scrutiny from antitrust agencies, who fear a combination of the two companies will harm competition and innovation. The rise in Nvidia’s share price since the deal was announced means it is currently worth around $74 billion.
Arm, which was acquired for $32 billion by Japan’s Softbank in 2016, doesn’t manufacture chips. Instead, it provides the designs and associated software tools that many other chipmakers use to create their own processors. The two companies argue that by joining forces they can boost innovation and bring products to market faster.in October, Simon Segars, Arm’s CEO, said the linkup would “create more dynamism in the market”. But opponents of the combination, who include chip companies such as Qualcomm and tech giants including Microsoft and Google, fear it will lead to an end to Arm’s position as a kind of silicon Switzerland that remains neutral rather favoring a particular manufacturer.
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