Business News›milana vinn
SEARCHED FOR:
MILANA VINN
Arm's clients turn IPO into tug of war for chip influence
Customers of Arm that have held talks about taking a piece of the IPO include Apple, Amazon.com, Intel, Nvidia, Alphabet, Microsoft , Samsung Electronics and TSMC, Reuters has reported. Arm is hoping for a valuation of up to $70 billion in the IPO, which will launch on the Nasdaq next month.
SoftBank buys Vision Fund's stake in Arm at valuation of $64 billion
SoftBank is now expected to sell fewer Arm shares in the initial public offering (IPO) and would likely be retaining a stake of as much as 90% in the company, according to the sources, adding that Arm's capital raising from the IPO would be less than the range of $8 billion to $10 billion it was earlier planning
BACK TO TOP