FILE PHOTO: SpaceX founder and Tesla CEO Elon Musk appears to be like on as he visits the development web site of Tesla’s gigafactory in Gruenheide, close to Berlin, Germany, Could 17, 2021. REUTERS/Michele Tantussi/File Photograph
August 29, 2021
(Reuters) – Tesla Inc Chief Government Elon Musk has signaled competitors issues over Nvidia Corp’s deliberate buy of British chip designer Arm, the Telegraph reported on Saturday, citing a number of sources.
E-commerce large Amazon.com Inc and smartphone maker Samsung Electronics Co Ltd have additionally lodged opposition to the cope with U.S. authorities, the newspaper reported.
Earlier this 12 months, the U.S. Federal Commerce Fee opened an in-depth probe into the takeover. The probe findings are anticipated within the coming weeks, in accordance with the newspaper.
Tesla, Amazon, Samsung and Nvidia didn’t instantly reply to a Reuters request for remark.
Nvidia is more likely to search European Union antitrust approval for the $54 billion buy of Arm early subsequent month, with regulators anticipated to launch a full-scale investigation after a preliminary evaluation, folks acquainted with the matter have stated.
(Reporting by Aishwarya Nair in Bengaluru)