Apple has entered a new long-term agreement with Arm for chip technology that is projected to "extend beyond 2040," as revealed in Arm's initial public offering (IPO) documents released on Tuesday, reports Reuters. Arm, which owns the intellectual property for the computational architecture utilized in the majority of the world’s smartphones, has priced its upcoming...
Key clients of Arm Holdings Ltd such as Apple, Nvidia, Alphabet, and Advanced Micro Devices (AMD) have committed to invest in the chip designer's forthcoming initial public offering (IPO), according to sources speaking with Reuters. Intel, Samsung Electronics, Cadence Design Systems, and Synopsys have also pledged their participation as investors, as per these sources. The...
SoftBank is reportedly considering the full or partial sale of Arm to bolster the firm's cash reserves as part of a $41 billion USD debt reduction program.