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Intel to Invest in Arm’s foundry business before IPO

SoftBank Corporation in the past few months, constantly and customers, partners and communication, accelerated the Arm holding company anchor investment. Intel executives recently revealed that has invested in Arm, becoming one of the anchor investors.

At the Communacopia & Technology conference organized by Goldman Sachs, Stuart Pann, senior vice president and general manager of Intel foundry services, said, “We announced this morning that we are participating in an investment in Arm.”

Anchor investors are large organizations that have clearly expressed investment intent at the inquiry stage and placed orders on the first day of the roadshow and bookkeeping.

“Anchor order” is not a kind of institutional arrangement, it is characterized by the timing of the purchase is more special (early batch), Anchor investors do not have a lock-up period, while the cornerstone investors need to accept the 6-12 months lock-up period.

80% of TSMC’s wafers are Arm processors,” said Pann. In real time our IFS organization is also embracing Arm at a high level, and investing in Arm and building partnerships shows that we absolutely value the foundry business.”

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Stephen Cruise
Stephen Cruisehttps://www.techgoing.com
Stephen Cruise is a senior editor covering latest smartphones, EVs, PC gaming, console, and tech with 11 years of experience.