UK invokes national security to investigate Nvidia’s ARM deal

The UK government will look into the national security implications of U.S. group Nvidia’s (NVDA.O) purchase of British chip designer ARM Holdings, it said on Monday, raising a question mark over the $40 billion deal.

Digital minister Oliver Dowden said he had issued a so-called intervention notice over the sale of ARM by Japan’s SoftBank (9984.T) to Nvidia.

https://www.reuters.com/world/uk/uk-intervenes-nvidias-takeover-arm-national-security-grounds-2021-04-19/