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2021-06-03

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Nvidia CEO Says Confident of Getting Regulators OK for Arm Deal

Nvidia stock rose more than 3% to a record high after the CEO saying confident of getting regulators

Nvidia CEO Says Confident of Getting Regulators OK for Arm Deal

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He pointed out that an earlier acquisition took about a year and a half so it is likely the current process will be similar.</p><p>“I expect this one to take 18 months so that’s later this year, early next year. I am confident about the transaction,” he said. “Our companies are complementary so we’ll bring, by nature, innovations that come as a result of companies that come together and offer complementary things.”</p><p>The comments come as the semiconductor industry’s biggest ever acquisition faces increasing headwinds from regulators in China and the U.K. Chinese technology companies including&nbsp;Huawei Technologies Co.&nbsp;are lobbying their government against the transaction, while a regulator in the U.K., where Arm is based, said it plans to intervene on national security grounds. 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Does it give customers more choice, does it give customers more offerings and more choice?” he said. “You could see that on the first principle that our companies are completely complementary.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia CEO Says Confident of Getting Regulators OK for Arm Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia CEO Says Confident of Getting Regulators OK for Arm Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-02 22:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-02/nvidia-ceo-says-confident-of-getting-regulators-ok-for-arm-deal><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia stock rose more than 3% to a record high after the CEO saying confident of getting regulators OK for Arm deal.Nvidia Corp.’s Chief Executive Officer Jensen Huang said he is still confident ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-02/nvidia-ceo-says-confident-of-getting-regulators-ok-for-arm-deal\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-02/nvidia-ceo-says-confident-of-getting-regulators-ok-for-arm-deal","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103795044","content_text":"Nvidia stock rose more than 3% to a record high after the CEO saying confident of getting regulators OK for Arm deal.Nvidia Corp.’s Chief Executive Officer Jensen Huang said he is still confident regulators will green-light its $40 billion acquisition of SoftBank Group Corp.’s Arm Ltd., despite growing skepticism about the deal’s prospects.Government approval in China and elsewhere may come later this year or in 2022, Huang said over video at the Computex conference in Taipei on Wednesday. He pointed out that an earlier acquisition took about a year and a half so it is likely the current process will be similar.“I expect this one to take 18 months so that’s later this year, early next year. I am confident about the transaction,” he said. “Our companies are complementary so we’ll bring, by nature, innovations that come as a result of companies that come together and offer complementary things.”The comments come as the semiconductor industry’s biggest ever acquisition faces increasing headwinds from regulators in China and the U.K. Chinese technology companies including Huawei Technologies Co. are lobbying their government against the transaction, while a regulator in the U.K., where Arm is based, said it plans to intervene on national security grounds. At the same time, Arm is mired in a legal battle for control of its China unit with the CEO, who was fired by SoftBank but has refused to leave.Arm designs the processors and architecture used by the vast majority of mobile electronics devices, underpinning Apple Inc.’s in-house M1 chips and Samsung Electronics Co.’s Exynos silicon, among others.Nvidia is committed to paying Masayoshi Son’s SoftBank $2 billion whether the deal goes through or not. The U.S. chipmaker’s stock has climbed more than 25% since the acquisition was announced last September.“The regulators are looking for: Is this good for competition? Is this pro-competitive and brings innovation to the market? Does it give customers more choice, does it give customers more offerings and more choice?” he said. “You could see that on the first principle that our companies are completely complementary.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":275,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}

Nvidia CEO Says Confident of Getting Regulators OK for Arm Deal

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