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Last Updated
Case Status
In the Matter of Nvidia Corporation, a corporation, Softbank Group Corporation, a corporation, and Arm, Ltd., a corporation.
FTC Matter/File Number
Docket Number
Enforcement Type
Part 3 Administrative Complaints

Case Summary

The Federal Trade Commission filed a law enforcement action to block U.S. semiconductor chip supplier Nvidia Corp.’s $40 billion acquisition of UK-based semiconductor design firm Arm Ltd., the largest transaction in the history of the semiconductor industry. The FTC’s action seeks to preserve competition in markets for computer chips used in datacenters and in automotive advanced driver assistance systems. The complaint named Nvidia Corp., Arm Ltd., and Arm owner Softbank Group Corp. In February 2022, Nvidia Corp. announced that it had terminated its proposed acquisition of Arm Ltd. (Arm) from SoftBank Group Corp, and the Commission dismissed the complaint.