In February $2024,$ FTC Chair Lina Khan defended the FTC$$s decision by pointing to

the dramatic increases in stock prices of both Nvidia and Arm in recent months as

evidence that blocking the merger lead to an increase in innovation $($see the article

here$).$ Khan stated that $$Not only has Nvidia remained the leading AI chipmaker

in the AI chip arms race, with a surging stock valuation, but Arm ended up going

public and has a forward earnings multiple that is more than double Nvidia$$s $.$ Do

you agree with Lina Khan, i$.$e$.$ does the recent stock market performance of Nvidia

and Arm suggest that blocking the merger did indeed promote innovation in the

microchip industry? Please explain your answer.