China may delay $69bn Broadcom-VMware deal, South Korea conditionally approves it

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The decision comes as China’s State Administration of Market Regulation explores the possibility of extending the review process indefinitely, according to a report by the Financial Times, which cites three anonymous sources familiar with the situation.

The move is seen as a response to Washington’s updated export controls, designed to close a loophole that allowed companies like Intel and Nvidia to continue selling AI chips to China.

The new regulations introduced by Biden administration…



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