Citi Gives Nvidia’s Arm Purchase a 10% Chance of Approval


As the U.K. government on Monday announced plans to intervene in Nvidia’s takeover of Arm on national security grounds, analysts from Citigroup reconsidered Nvidia’s chance to acquire the CPU and GPU developer. The observers believe that now that Nvidia introduced its own Arm-powered datacenter CPU, the likelihood of it getting approval to buy Arm just got significantly lower. 

Oliver Dowden, the U.K.’s Digital Secretary on Monday issued a Public Interest Intervention Notice (PIIN) concerning the takeover and expressed his concerns about the proposed acquisition and national security. The antitrust investigation in the U.K. is expected to be concluded by the end of July. 


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