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    Nvidia sparks fear of chip dominance with plans to purchase U.K.’s Arm

    On Sunday, U.S. graphics chip maker Nvidia said it plans to buy U.K.-based Arm Holdings in a deal worth up to $40 billion. 

    The deal caused some concern about the independence of Arm, which is one of Europe’s most influential technology companies. 

    The world’s smartphones run on Arm’s chips and are a vital supplier for Apple and Samsung; they also power artificial intelligence for medical sensors, also known as the “the internet of things.”

    Being owned by the U.S. company could mean that Arm could be exposed to U.S. export bans.

    Read more from the News Source HERE