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Nvidia CEO Huang "very confident" Arm deal will be approved

Nvidia CEO Huang "very confident" Arm deal will be approved

The CEO of graphics specialist Nvidia, Jensen Huang (pictured), has said he is "very confident" that his company's potential acquisition of UK chip giant Arm will be given the nod.

Speaking to GamesBeat, the exec said that he reckons the deal will be approved in 2022, which is around the time that Nvidia originally forecast that it would close.

Nvidia announced in September 2020 that it intended to buy Arm, but by January of the following year, it emerged that the deal was being investigated by the UK competition authority. The next month, Microsoft, Google and Qualcomm complained to US antitrust regulators about the acquisition, who said that the deal would harm competition in the tech space. 

"I’m very confident that the regulators will see the wisdom of the transaction," Huang said.

"It will provide a surge of innovation. It will create new options for the marketplace. It will allow ARM to be expanded into markets that otherwise are difficult for them to reach themselves. Like many of the partnerships I announced, those are all things bringing AI to the ARM ecosystem, bringing Nvidia’s accelerated computing platform to the ARM ecosystem — it’s something only we and a bunch of computing companies working together can do. The regulators will see the wisdom of it, and our discussions with them are as expected and constructive. I’m confident that we’ll still get the deal done in 2022, which is when we expected it in the first place, about 18 months."


PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

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