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(Reuters) -SoftBank Group Corp's Arm Holdings Ltd reported a 1% fall in annual revenue due to a slowdown in smartphone sales, after the chip designer disclosed the paperwork for an initial public ...
SoftBank Group Corp has acquired the 25% stake in Arm Ltd it does not directly own from its Vision Fund unit in a deal that values the chip designer at $64 billion, according to people familiar ...
Arm may also be seeking to compete with Nvidia, according to a research note published Thursday from J.P. Morgan's Harlan Sur. Broadcom has won a contract for an effort by Arm and SoftBank Group ...
SoftBank took Arm private in 2016 for $32 billion. Arm's business has fared better than the broader chip industry because it licenses designs rather than paying to make processing systems itself.
This isn’t the valuation Arm was rumored to be aiming for earlier this year, but it would still be much more than the $32 billion SoftBank paid to take Arm private six years ago.
Arm, majority owned by SoftBank, delivered the year's biggest IPO. SoftBank’s Arm, the biggest IPO of the year and the largest since Rivian in 2021, gains nearly 20% in debut. Skip to main content
Backers include Arm-majority owner SoftBank, Oracle and Arm itself, which is a "technology partner." Arm's inclusion in the project, while rivals and Advanced Micro Devices that use the x86 ...
Arm will pay for initial development costs, which may go up hundreds of billions of yen, with SoftBank also contributing, the report said. Arm Holdings plans to launch AI chips in 2025, Nikkei reports