Chief Executive Officer of Tesla Inc. Elon Musk The Telegraph on Saturday indicated competition concerns over Nvidia Corp’s planned purchase of British chip designer Arm, citing multiple sources.
The newspaper reported that e-commerce giant Amazon.com Inc and smartphone maker Samsung Electronics Co Ltd have also filed opposition to the deal with US authorities.
Earlier this year, the US Federal Trade Commission conducted a thorough investigation into the acquisition. According to the newspaper, the results of the investigation are expected in the coming weeks.
Tesla, Amazon, Samsung and Nvidia did not immediately respond to Reuters’ request for comment.
Nvidia is likely to seek EU antitrust approval for Arm’s $54 billion purchase early next month, with regulators expected to launch a full-scale investigation after a preliminary review, people familiar with the matter have said. .
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