Earlier this year,$NVIDIA(NVDA.US)$abandoned plans to buy$Armada Mercantile Ltd(ARM.CA)$from SoftBank, largely due to the company's slew of regulatory and antitrust issues around the world, including in the United States and ARM's home market, the United Kingdom. After the failed acquisition, SoftBank said it would seek to push ARM to go public, with a potential initial public offering (IPO) in the United States. Media reports earlier this month said ARM ...
$NVIDIA(NVDA.US)$Park Jung-ho, co-CEO and vice chairman of South Korean chip manufacturing giant SK Hynix, said that it is considering setting up a consortium to jointly acquire$Armada Mercantile Ltd(ARM.CA)$, a chip design company under Japan’s SoftBank Group. I don't think ARM is a company that can be acquired by another company alone.K Hynix added that the comments were related to a news investigation after the company's annual shareholder meeting, But no spec...
SoftBank is poised to appoint Goldman Sachs Group Inc., JPMorgan Chase & Co. and Mizuho Financial Group Inc. to lead a loan transaction for$Armada Mercantile Ltd(ARM.CA)$ahead of the planned initial public offering. The firms handling the loan are likely to also have lead roles on the IPO, but the lineup isn’t final and more banks could be added. It would mean convincing investors that Arm deserves a higher valuation than its semiconductor peers...
In the field of semiconductor development for the Internet of Things (IoT), the open source standard "RISC-V" that anyone can use is on the rise. This standard is first used in wearable devices and smart home appliances. It is predicted that by 2025, the adoption rate of the RISC-V architecture will reach nearly 30%. RISC-V is emerging as a major contender for UK-based$Armada Mercantile Ltd(ARM.CA)$looking to foray into the Internet...
$Armada Mercantile Ltd(ARM.CA)$$NVIDIA(NVDA.US)$$Tesla(TSLA.US)$In February this year, Nvidia announced that it would abandon the acquisition of British chip company ARM. After the incident, ARM recently announced layoffs. Nvidia announced the termination of its acquisition of ARM from SoftBank Group. which retained Nvidia's $1.25 billion upfront. Prior to this, the industry was not optimistic and op...