> That being said, nVidia is currently not playing in ARM's space, so it's hard to argue that this acquisition will harm US consumers or raise prices for them. Hence my feeling is that this is politically motivated, at least to some extent.

Huh? They currently use arm designs in the Nintendo switch and their own shield line. They also utilize them in their mellanox Ethernet adapters and network switches. What makes you believe that won't give them a reason to increase prices for competitors that also use ARM chips, if not outright refuse to grant them a license?