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Intel to anchor rival chip designer Arm’s IPO?

Intel to anchor rival chip designer Arm’s IPO?

11 months ago
Anonymous $KxGqLmj_R3

https://techmonitor.ai/technology/silicon/intel-arm-ipo-datacentre-x86

Intel could be the anchor investor in the upcoming IPO of UK chip design giant Arm, it has been reported. The two companies produce competing semiconductor architectures, but have been working together in recent months.

Arm is expected to join the Nasdaq market in the US later this year, with parent company SoftBank hoping to raise $8-$10bn in the float. It decided to take the company public again after a proposed take-over by Nvidia was blocked by regulators.