UK should intervene to stop sale of Cambridge-based chip designer, says entrepreneurThe co-founder of Arm has said that if the government does not stop the $40bn (£31bn) takeover of the British chip designer, its proposed buyer, Nvidia, will become the next US tech monopoly alongside companies such as Google and Facebook.Detailing his concerns in a letter to the House of Commons foreign affairs committee, Hermann Hauser said that a deal would end Arm’s position as the “Switzerland of the semiconductor industry”. Continue reading…
Via: Arm co-founder: Nvidia takeover would create another US tech monopoly
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