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Tesla's Musk signals concerns over Nvidia deal for UK chip maker -The Telegraph

Reuters2021-08-29

Aug 28 (Reuters) - Tesla Inc Chief Executive Elon Musk has signaled competition concerns over Nvidia Corp's

planned purchase of British chip designer Arm, the Telegraph reported on Saturday, citing multiple sources.

E-commerce giant Amazon.com Inc and smartphone maker Samsung Electronics Co Ltd have also lodged opposition to the deal with U.S. authorities, the newspaper reported.

Earlier this year, the U.S. Federal Trade Commission opened an in-depth probe into the takeover. The probe findings are expected in the coming weeks, according to the newspaper.

Tesla, Amazon, Samsung and Nvidia did not immediately respond to a Reuters request for comment.

Nvidia is likely to seek European Union antitrust approval for the $54 billion purchase of Arm early next month, with regulators expected to launch a full-scale investigation after a preliminary review, people familiar with the matter have said.

(Reporting by Aishwarya Nair in Bengaluru)

((Aishwarya.Nair@thomsonreuters.com; +91-8067494421;))

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Comment5

  • banana3441
    ·2021-08-31
    The purchase will only tsla higher, elon musk is next lvl
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  • treesLing
    ·2021-08-29
    [強] 
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  • Gracejul
    ·2021-08-29
    Great! Pls like!
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    • KLCReplying toAlexNg79
      Ok
      2021-08-30
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    • AlexNg79Replying toglazedust
      Please like my comment. thanks
      2021-08-30
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    • Benz92
      Ok
      2021-08-29
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  • 猫猫723
    ·2021-08-29
    ?
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    • 猫猫723
      ?
      2021-09-06
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    • KLC
      ?
      2021-08-29
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  • Roykhor77
    ·2021-08-29
    Lol
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