Hong Kong (CNN Business) – The battle between the United States and China for control of critical technology could doom a record-breaking deal for British chip designer Arm.
The proposal from Nvidia (NVDA) to buy SoftBank-owned (SFTBF) Arm for $40 billion requires regulatory approval from the United Kingdom, the European Union, the United States and China.
But universal approval isn’t guaranteed. And there’s already an indication that China might not be happy about an American firm owning an important and strategic player in the semiconductor industry.
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