Nvidia bid for Arm: UK orders competition investigation

Digital minister asks for report on takeover of chip firm with unique place in the global tech supply chain'

The government has ordered an in-depth investigation into the takeover of the Cambridge-based chip designer Arm by its US rival Nvidia, in a move that could result in the $54bn deal being blocked.

Nadine Dorries, the digital and culture secretary, has ordered the UK competition watchdog to launch a phase 2" investigation on public interest grounds, citing competition and national security concerns.