Nvidia Offers EU Concessions on Weapons Trading Over $ 54 Billion

Brussels — Nvidia has offered a concession to secure the EU’s antitrust approval for the $ 54 billion acquisition of British chip designer Arm, a European Commission filing said Wednesday.

A deal announced last year by the world’s largest manufacturer of graphics and AI chips raises concerns in the semiconductor industry as to whether Arm can remain a neutral player in licensing intellectual property to customers and rivals. I did.

EU competitors who did not provide the details of the concessions in line set a deadline of 27 October for that decision.

Seek feedback from rivals and customers before deciding whether to accept a concession, request more, or start a four-month survey.

Nvidia says it will keep Arm as a neutral technology supplier as it aims to mitigate concerns from customers such as Qualcomm Inc., Samsung Electronics Co. Ltd and Apple Inc.

Arm’s customers Broadcom, MediaTek, and Marvell are supporters of this transaction.

Arm, owned by SoftBank Group Corp. of Japan, is a major player in semiconductors worldwide. Its design powers almost every smartphone and millions of other devices.

By Foo Yun Chee