One important issue with the deal is that Arm has plenty of access to proprietary information from many of its semiconductor partners, who do not want their competitor NVIDIA to view. This proposed deal would distort Arm’s incentives in chip markets and allow the combined firm to unfairly undermine Nvidia’s rivals.' “Tomorrow’s technologies depend on preserving today’s competitive, cutting-edge chip markets. “The FTC is suing to block the largest semiconductor chip merger in history to prevent a chip conglomerate from stifling the innovation pipeline for next-generation technologies,” said FTC Bureau of Competition Director Holly Vedova in a statement. The deal has been stalled for more than a year as UK regulators and politicians debate the merits of the deal. NVIDIA offered $40 billion to buy Arm from Japan's SoftBank back in September 2020. The Federal Trade Commission announced it lawsuit to block the Arm deal late on Thursday. Nvidia (NVDA) Stock News: FTC sues over Arm deal NVDA stock is down just 0.6% at $319.23 in Friday's premarket. NVDA investors could not care less with the stock still closing up more than 2%. Late on Thursday, the US Federal Trade Commission (FTC) announced a lawsuit to block NVIDIA's proposed merger with the UK-based Arm – one of the most prolific designers of semiconductor chips used in many smartphones and medical devices. Nvidia's (NVDA) 14-month acquisition saga may finally be coming to an end. Wall Street did not expect the merger to proceed.NVDA stock barely budging in the premarket.FTC sued NVIDIA to block its merger with Arm on December 2.

Nvda stock forecast tomorrow