KEY POINTS
  • The notice was issued by Britain's Digital Secretary Oliver Dowden on Monday.
  • It's not clear what the national security grounds are but the government said Dowden "considered advice received from officials across the investment security community."

In this article

LONDON — The U.K. government has intervened in Nvidia's proposed $40 billion takeover of chip designer Arm on national security grounds.

Britain's Digital Secretary Oliver Dowden issued a Public Interest Intervention Notice (PIIN) on Monday. It's not clear what the national security grounds are but the Department for Digital, Culture, Media and Sport said Dowden "considered advice received from officials across the investment security community."

In this article