Apple and Samsung to Invest in Arm’s IPO, According to Nikkei

In a highly anticipated move, Apple and Samsung Electronics are reportedly set to invest in chip designer Arm when it goes public in September. The news comes from Japan’s Nikkei newspaper, which states that not only Apple and Samsung, but also Nvidia and Intel, plan to invest as soon as the IPO takes place. Arm, which is currently owned by SoftBank Group, is expected to apply for a listing with the U.S. Securities and Exchange Commission later this month.

Arm has been in talks with numerous companies, including Nvidia, with the aim of securing one or more anchor investors for its IPO. The chip designer plans to sell stakes of “a few percent each” to these investors, the Nikkei reported. Apple, Samsung, Nvidia, and Intel have all declined to comment, while SoftBank has also refrained from making a statement.

The IPO is seen as a potential windfall for SoftBank, especially after the collapse of its deal to sell Arm to Nvidia last year. The planned U.S. listing could raise between $8 billion and $10 billion, according to sources. Although SoftBank did not provide specific details on the listing date or fundraising goal, its CFO mentioned that preparations were going “very smoothly”.

This investment by major players in the tech industry not only showcases their confidence in Arm’s future prospects, but also highlights the significance of chip design in the ongoing technology race. As the demand for more powerful and efficient chips continues to grow, investors are eyeing opportunities in this lucrative market. Arm’s IPO has the potential to reshape the chip design landscape and further solidify the company’s position as a key player in the industry.

Overall, the news of Apple and Samsung’s investment in Arm’s IPO is expected to create a great deal of excitement in the tech industry. With the IPO approaching, all eyes will be on SoftBank and its efforts to successfully list Arm and capitalize on its stake in the chip designer.