According to “Nikkei Asia” report, the chip design company Arm held an initial public offering on Nasdaq, Apple, Samsung Electronics, Nvidia, Intel and other companies plan to invest in Arm’s US stock market immediately after its listing. make an investment.
According to reports, Arm plans to go public as early as September, with a target valuation of at least US$60 billion and the company seeks to raise as much as US$10 billion.
Arm welcomes large chip manufacturers to become medium and long-term shareholders and sells them a few percentage points of shares, and these large companies can also exert influence on Arm management by holding shares in Arm.
In fact, Japan’s SoftBank has been preparing for an IPO ever since Nvidia’s plan to acquire Arm came under regulatory scrutiny.
It was previously reported that Arm is in talks with several companies, including Intel and Nvidia, to act as cornerstone investors in the stock offering deal. The SoftBank Vision Fund, which owns 25% of Arm, plans to sell 10% to 15% of its shares on the open market, the report said.