Nvidia wants to own a piece of your smartphone, but hits another speed bump

Nvidia has been working on the $54 billion bid for UK-based chip designer Arm since 2020, with plenty of snags along the way. But now the tech company is facing its biggest obstacle yet as the European Commission has gotten involved with the merger.

The European Commission has stated that they will fully investigate the acquisition and determine whether it will result in a monopoly that would harm other industries and companies such as Qualcomm, Apple, and Samsung.

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