Apple and Samsung Set to Make Strategic Investments in SoftBank’s Arm at IPO in Game-Changing Move, Reports Nikkei

Apple and Samsung Electronics are set to invest in Arm, the chip designer owned by SoftBank Group, according to Japan's Nikkei newspaper. The investment is expected to take place during Arm's upcoming initial public offering (IPO) in September. This move by the two tech giants highlights the growing importance of Arm's chip technology in the global market. With its reputation as a leading designer of semiconductor intellectual property, Arm is expected to attract significant interest from investors seeking to capitalize on the company's success and potential for future growth.