Nvidia, Arm CEOs confident of regulatory approval for US$40 billion deal despite potential Chinese concerns

//Nvidia, Arm CEOs confident of regulatory approval for US$40 billion deal despite potential Chinese concerns

Nvidia, Arm CEOs confident of regulatory approval for US$40 billion deal despite potential Chinese concerns

The CEOs of Nvidia and Arm expressed confidence in getting regulatory approvals for their US$40 billion merger despite Chinese experts expressing doubt that authorities in Beijing will sign off on the deal.Speaking on Tuesday at the Arm DevSummit 2020 conference, Nvidia CEO Jensen Huang and Arm CEO Simon Segars said the acquisition would create a new platform to drive innovations in the age of artificial intelligence.“We are confident that it’s going to go through. Regulators around the world…

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By | 2020-10-07T09:00:14+00:00 October 7th, 2020|Technology|Comments Off on Nvidia, Arm CEOs confident of regulatory approval for US$40 billion deal despite potential Chinese concerns