Nvidia has admitted that its planned acquisition of UK chip design company Arm is unlikely to be completed within the 18-month period it laid out, as it faces drawn-out regulatory investigations around the world.
However, Jensen Huang, chief executive, said the US chipmaker was “confident” that regulators would clear the transaction, which has faced opposition from other chip companies that rely on Arm’s designs.
Nvidia did not submit a formal application with Chinese antitrust regulators until June, eight months after the deal was announced, and an investigation there could stretch to 18 months, according to local lawyers.
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