Digital minister asks for report on takeover of chip firm with ‘unique place in the global tech supply chain’
The government has ordered an in-depth investigation into the takeover of the Cambridge-based chip designer Arm by its US rival Nvidia, in a move that could result in the $54bn deal being blocked.
Nadine Dorries, the digital and culture secretary, has ordered the UK competition watchdog to launch a “phase 2” investigation on public interest grounds, citing competition and national security concerns.
