Government urged to intervene to ensure US buyer does not move microchip firm’s HQ
The Labour party has called on the government to intervene to prevent parts of the microchip designer Arm from being moved out of the UK if it is bought by the US chipmaker Nvidia.
Ed Miliband, the shadow business secretary, said the government should seek “legally binding assurances” from Nvidia that it would not move Arm’s headquarters out of Cambridge.
