China state media outlet calls Nvidia's Arm purchase 'disturbing', urges regulatory caution

16 Sep by Vitaliy Dadalyan

China state media outlet calls Nvidia's Arm purchase 'disturbing', urges regulatory caution

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China state media outlet calls Nvidia's Arm purchase 'disturbing', urges regulatory cautionAn op-ed in China’s state-backed Global Times on Wednesday said U.S. chipmaker Nvidia Corp’s planned acquisition of Arm Ltd from Japan’s SoftBank Group Corp was “disturbing”, urging global regulators to exercise caution as they evaluate it for approval. “Given the U.S.-China tensions and U.S. suppression on a range of Chinese technology enterprises, if Arm falls into U.S. hands, Chinese technology companies would certainly be placed at a big disadvantage in the market,” said the op-ed, the author of which was not named.