Arm CEO Sides With Nvidia Against US Export Limits on China

Arm Holdings Plc Chief Executive Officer Rene Haas said Thursday that US export controls on China threaten to slow overall technological advances and are ultimately bad for consumers and companies, aligning himself with Nvidia Corp. Chief Executive Officer Jensen Huang and others looking to ease tensions between Washington and Beijing.

“If you narrow access to to technology and you force other ecosystems to grow up, it’s not good,” Haas said Thursday in an interview with Bloomberg at the Founders Forum Global conference in Oxford. “It makes the pie smaller, if you will. And frankly, it’s not very good for consumers.” He also noted that Arm’s footprint in China is “quite significant.”