Today's Cache | A chip industry reshaping deal is under probe
The HinduA deal that could potentially reshape the global chip industry is under probe To some, Arm might mean a part of the human body. In 2013, Japan’s Softbank bought the chip designer for $32 billion, and last September the multinational conglomerate said it has clinched a deal to sell Arm to Nvidia. That deal, one of the largest semiconductor takeovers ever, caught the attention of regulators in four countries: China, E.U., U.K., and U.S. Nvidia makes graphics processors that powers videogames like the wildly popular Nintendo Switch. In 2020, Nvidia's graphics processors accounted for about 95% of the Chinese market for AI servers, according to a white paper released by China’s IT Ministry. For the U.S., the Nvidia-Arm deal will give it more geopolitical clout given the combined market share and advanced capabilities the chip designer offers its customers across the globe.