SAN FRANCISCO/WASHINGTON: The US Federal Trade Commission on Thursday sued to block USchip supplier Nvidia Corp's planned $50 billion-plus acquisition of British chip design provider Arm.

The U.S. Federal Trade Commission on Thursday sued to block U.S. chip supplier Nvidia Corp’s $40 billion acquisition of UK chip design provider Arm. “The FTC’s complaint alleges that the combined firm ...

The FTC and Nvidia did not respond to requests for comment outside regular working hours. Nvidia struck a deal with Japan's SoftBank Group in September to buy UK-based chip designer Arm Holdings ...