Alibaba won’t be able to buy Arm’s Neoverse V chips, FT reports

Alibaba (BABA) won’t be able to buy Arm’s Neoverse V chips after Arm concluded that the U.S. and U.K. wouldn’t approve the export of the high performance technology to China, The Financial Times’ Qianer Liu, Anna Gross, and Demetri Sevastopulo report. The move impacts Alibaba’s T-Head chip unit and other Chinese groups. The U.S. recently unveiled tough export controls to prevent China from obtaining advanced chips or securing the technology and equipment to make high-end semiconductors domestically. TheFly notes that Arm is owned by SoftBank (SFTBY). Reference Link