Despite being sold to Japanese investment group SoftBank in 2016, chip design company Arm is still seen as British in the UK. That is something that US chipmaker Nvidia has struggled to contend with since it first launched its bid for the company a long 14 months ago.
Nvidia has faced a clamour to see Arm listed in London and become a local tech champion in a post-Brexit world.
Ironically Nvidia, which has provoked such opposition, is now the only one offering assurances about continued investment in the country. SoftBank did make binding commitments that included keeping Arm’s HQ in the UK, but these expired in September.
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