Tesla’s Musk signals concerns over Nvidia deal for UK chip maker -The Telegraph
(Reuters) – Tesla Inc Chief Executive Elon Musk has signaled opponents concerns over Nvidia Corp’s deliberate purchase of British chip designer Arm, the Telegraph reported on Saturday, citing numerous sources.
E-commerce massive Amazon.com Inc and smartphone maker Samsung Electronics Co Ltd have moreover lodged opposition to the deal with U.S. authorities, the newspaper reported.
Earlier this 12 months, the U.S. Federal Trade Commission opened an in-depth probe into the takeover. The probe findings are anticipated throughout the coming weeks, in keeping with the newspaper.
Tesla, Amazon, Samsung and Nvidia did not immediately reply to a Reuters request for comment.
Nvidia is extra more likely to search European Union antitrust approval for the $54 billion purchase of Arm early subsequent month, with regulators anticipated to launch a full-scale investigation after a preliminary consider, …