UK 'intervenes' in Nvidia’s $40bn takeover of Arm

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Back in September, SoftBank Group agreed to sell UK chip designer Arm to US rival Nvidia for a mammoth sum of $40 billion. The deal caused almost immediate consternation in the UK, with various players within the industry lobbying the government to block the deal, saying it would harm UK jobs and the country’s technical capabilities on the world stage. Indeed, Arm’s co-founder…

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