PALO ALTO, U.S. -- The U.S. Federal Trade Commission has filed a lawsuit to block American graphics processor group Nvidia's acquisition of SoftBank Group-owned chip designer Arm, saying the deal would "stifle innovative next-generation technologies."
Semiconductors
U.S. regulator sues to block Nvidia takeover of SoftBank's Arm
Biggest semiconductor deal in history would stifle competition, FTC says
SoftBank announced the plan to sell Arm to Nvidia in a cash and stock deal worth up to $40 billion in September 2020. (Source photos by Reuters and Arm)
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