The article discusses Nvidia’s arguments before the Supreme Court in a case involving the company’s acquisition of Arm Ltd. Nvidia is seeking to overturn a lower court’s decision that blocked the $40 billion deal on antitrust grounds. The company argued that the merger would benefit the industry by allowing Arm to invest more in its chip designs. However, several Supreme Court justices expressed skepticism about Nvidia’s claims, questioning whether the deal would truly benefit consumers or simply increase Nvidia’s market power. Justice Elena Kagan noted that Nvidia’s arguments seemed to rely on “maybes” and “possibilities” rather than concrete evidence. The justices also questioned whether Nvidia’s commitments to keep Arm’s designs available to rivals would be enforceable. The case has significant implications for the tech industry and antitrust enforcement.
Source: https://www.businessinsider.com/nvidias-scotus-argument-skepticism-supreme-court-justices-2024-11