Tag: SoftBank

Here you will find all the articles with the tag: SoftBank.

Arm expects to earn big from AI PCs and smartphones this year

Arm expects to earn big from AI PCs and smartphones this year

Arm expects to earn handsomely from a strong interest in AI this year. Softbank's share price benefited last week from Arm's good financial outlook. Softbank is the chip technology specialist's largest shareholder. In its financial results for the third fiscal quarter of 2024, Arm indicated the... Read more

date2 months ago
Softbank aiming for the moon with Arm IPO in tumultuous market

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

date7 months ago
‘Arm shares to start at $47 to $51, most valuable IPO in years’

‘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

date7 months ago
It’s official: Arm has applied for Nasdaq IPO

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

date7 months ago
Softbank buys up Arm shares to boost stock market value

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

date7 months ago
Arm wants IPO of at least 60 billion in September

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

date8 months ago
‘Arm in talks with Intel and others, prepping for IPO’

‘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

date10 months ago
Arm files for listing on Nasdaq exchange

Arm files for listing on Nasdaq exchange

Japanese firm SoftBank has officially filed for an Arm IPO in New York. The parent company of the British chip designer opted not to list it on the London Stock Exchange, to the disappointment of the Westminster government. SoftBank made the application to the U.S. Securities and Exchange Commis... Read more

date11 months ago
Banks value Arm IPO at $30 billion to $70 billion

Banks value Arm IPO at $30 billion to $70 billion

Banks expect Arm's IPO to raise between 28 billion euros and 66 billion euros ($30 billion and $70 billion). Japanese parent company Softbank made the decision on Arm in the middle of last year. The IPO is scheduled to take place during this year. Meanwhile, bankers are busy valuing the chip ... Read more

date1 year ago
‘UK Prime Minister revives talks on Arm IPO’

‘UK Prime Minister revives talks on Arm IPO’

The move comes after a failed attempt to bring the listing to London last year. British Prime Minister (PM) Rishi Sunak has revived talks with Japan's SoftBank Group regarding a London listing for chip designer Arm, according to a report in the Financial Times. While Arm is based in the UK, ... Read more

date1 year ago
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