https://ca.finance.yahoo.com/news/intel-talks-anchor-investor-arm-014951769.html
Intel is in talks with SoftBank Group Corp's Arm to be an anchor investor in the chip designer's initial public offering (IPO), a source familiar with the matter told Reuters on Monday.
Arm plans to sell its shares on Nasdaq later this year, seeking to raise between $8 billion and $10 billion, Reuters reported earlier in April.
Great idea for Intel to open a sizable position in ARM as the IPO anchor imo. Intel clearly missed most of the smartphone race apart from some modems before selling even that off, but getting tighter with ARM and becoming the best place to fabricate ARM parts would be a solid addition to the turnaround. Also hedges from singular Nvidia or Apple influence on ARM.
[link] [comments] https://www.reddit.com/r/stocks/comments/149m5i7/intel_in_talks_to_serve_as_anchor_for_arm_ipo/
Login to add comment
Other posts in this group
Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.
Why quarterly? Public comp
When you sell a stock to buy another stock, do you prefer to set the estimated amount of the capital gains taxes aside in a money market or do you think it better to
Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tec
I’m think this is not a good investment as there is no chatter at all on the 52 week low. They are involved in a class action lawsuits by investors and credit card co
Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you g
Hey guys, I did a deep dive into Crocs. In this analysis, I will do a brief breakdown of the company and go over some quantitative data, qualitative data and estimate
