Softbank aiming for the moon with Arm IPO in tumultuous market
Japan's Softbank acquired Arm in 2016 for $32 billion (€28.9 billion at the time). After being forced to call off a sale to Nvidia, it now opts to list the British chip designer on the Nasdaq. With the IPO set to take place Wednesday, it seems Softbank's adjusted expectations are also still too h... Read more
‘Arm shares to start at $47 to $51, most valuable IPO in years’
Owner Softbank wants to go 43 euros to 47 euros ($47 to $51) per share at Arm's IPO. It should earn Arm the accolade of being the most valuable debut listing since Rivian Automotive in 2021.
The price of $47 to $51 was not previously communicated, but will be the target according to Reuters sour... Read more
It’s official: Arm has applied for Nasdaq IPO
Arm has finally officially announced that it is seeking a listing on the Nasdaq stock exchange in New York. It should be the largest IPO in the US this year, experts estimate.
The desire to list on the Nas daq brings a provisional end to the soap opera surrounding the chip designer in recent yea... Read more
Softbank buys up Arm shares to boost stock market value
Softbank has acquired the stake in subsidiary Arm from its own start-up investment fund Vision Fund. The deal should bring Arm's market capitalization to the desired $64 billion.
Softbank has struck a deal to acquire all Arm shares from its investment vehicle Vision Fund, reports Reuters. Parent... Read more
Arm also wants AWS on board as major investor
AWS and Arm may be in talks over a major investment by the cloud giant in the chip technology specialist, Reuters reported on the basis of insiders. This stake should be realized before Arm's IPO.
With AWS as a major investor, Arm wants to ensure that key customers continue to buy its technology... Read more
Arm wants IPO of at least 60 billion in September
Japan's SoftBank wants Arm to go public in September. The company is hunting for a valuation of $60 billion to $70 billion (roughly 54-64 billion euros).
This is according to Bloomberg News, which reported earlier this year that the valuation would be between 30 and 70 billion. However, the AI h... Read more
‘Nvidia to invest heavily in Arm despite failed acquisition’
Nvidia is said to be negotiating with Arm to acquire a large stake in the company following an IPO. This reports Financial Times based on sources.
According to the British business newspaper, Arm wants Nvidia to become the main shareholder in the chip technology company after a possible IPO. Thi... Read more
ARM gets boost in data centers thanks to Oracle database
Oracle has certified its own Database 19c Enterprise Edition for ARM architecture. At least, the database can now be run specifically on Ampere processors. This makes the alternative to the ubiquitous Intel Xeons in data centres a bit more attractive.
In the press release, Oracle states that Dat... Read more
‘Arm in talks with Intel and others, prepping for IPO’
Arm is reportedly negotiating with potential investors, including Intel. The discussions are in the early stages and could dissolve before the listing. Details regarding the extent of the investments and the deal's structure still need to be clarified. Intel and Arm declined to comment on the matte... Read more
M2 Ultra is the most powerful PC chip ever, says Apple
Apple has unveiled the giant M2 Ultra. The new Mac Pro will now also be equipped with Apple silicon, meaning the entire Mac portfolio will now run on proprietary chips.
The M2 Ultra is a combination of two M2 Max chips joined together based on Apple's UltraFusion technology. As a result, it can ... Read more