• Qualcomm objects to Nvidia’s $40 billion Arm acquisition

    The front of Qualcomm office in San Jose, California.

    Justin Sullivan | Getty Images News | Getty Images

    U.S. chipmaker Qualcomm has told regulators around the world that it is against Nvidia’s $40 billion acquisition of British chip designer Arm, according to sources familiar with the matter.

    The company has told the Federal Trade Commission, the European Commission, the U.K.’s Competition and Markets Authority and China’s State Administration for Market Regulation that it has concerns about Nvidia buying Arm, which is currently owned by Japanese tech giant SoftBank.

    The FTC’s investigation has moved to a “second phase” and the