U.K. Government Considering Blocking Nvidia's Arm Takeover

The UK government is said to be considering blocking Nvidia's acquisition of British Arm, a deal worth $40 billion. Bloomberg reported that people familiar with the matter said the government is exploring potential national security risks.

In a statement, Nvidia said it is working through the regulatory process with the UK government. "We look forward to their questions and expect to resolve any issues they may have," an Nvidia spokesperson said.

The UK's Competition and Markets Authority (CMA) had sent its completed Phase 1 investigation report to the UK government, according to the government's website. The assessment contains worrying implications for UK's national security, the Bloomberg report said. The regulator declined further comment. The U.K. government is likely to conduct a deeper review of the merger.