According to a report from Reuters, EU regulators have temporarily paused the investigation over Nvidia purchasing ARM, which is going down as one of the biggest chip deals in history. The pause was instigated towards the end of November, and, the report says, has become a common practice for the likes of the European Commission, especially given the COVID outbreak. It doesn’t specify how long the investigation will be on hold for.
RELATED: Leak Suggests Nvidia RTX 3050 May Be Out on January 27, 2022
This does mean that the deal will also be temporarily on hold along with the EU investigation, which will only hinder Nvidia’s progress in obtaining ARM. Things seem to be looking bleak for the merger as more influential parties look to stop the deal, or at least voice major concerns about it. Earlier this year, both Google and Microsoft disputed the acquisition of ARM. The argument against the deal brings to the fore the notion that Nvidia would have complete control over a chip company that many customers, such as Samsung, Qualcomm, and Apple, depend on.
Things became even more serious a few days ago when the Federal Trade’s Commission moved to sue Nvidia, effectively blocking the deal. Similar to other arguments, the concerns raised relate to “team green” being able to “stifle competition” by owning a necessary tech conglomerate and essentially making it more difficult for rival companies to make technological process while Nvidia retains control.
Despite the hurdles, it’s still business as usual for the California-based tech giant. It seems as though Nvidia is interested in pushing out new products in early 2022, even rebranding the RTX 2060 but with 12 GB of RAM, a card which originally came out in 2019. Such a push suggests that the company is looking to drown out competitor’s new products from the likes of AMD, and newcomers Intel.
MORE: The Best Budget Graphic Cards To Consider In 2021
Source: Reuters
