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Nvidia asks Chinese regulators to approve $40bn Arm deal

UK chip designer’s loss of control of China unit adds to approval challenges

Nvidia has submitted an application to Chinese competition regulators to review a $40bn takeover of UK chip designer Arm, according to people familiar with the matter, roughly eight months after it announced the deal.

The application, which the people said was made in recent weeks, sets in motion a period of scrutiny that could take between a year and 18 months, according to Chinese antitrust lawyers.

That would exceed the 18-month timeline set out by Nvidia when it unveiled the deal last September.

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