SoftBank is considering selling chip design company Arm Holdings or taking it public, the Wall Street Journal reported Monday citing unnamed sources. Arm Holdings, which Softbank acquired four years ago for $32 billion, became a dominant player in the chip market with a power-efficient architecture embraced by many mobile device manufacturers. The British company recently scored a big win after Apple announced that it will transition away from Intel chips for its Mac computers and will instead use Arm-based architecture. Visit Business Insider's homepage for more stories SoftBank Group is looking to sell Arm Holdings or taking the trailblazing British chip design company public, a report said Monday. SoftBank is considering different options for the semiconductor design firm which it acquired four years ago for $32 billion, the Wall Street Journal reported citing unnamed sources.

BING NEWS:
  • Arm Holdings Takes Aim at Intel and PC Market. Time to Buy the Stock?
    Notably, Apple began using its own Arm-based chips in laptops and tablets starting back in 2020 and completely phased out Intel by 2023. Apple makes up around 9% of PC sales. Image source: Getty ...
    06/7/2024 - 10:10 pm | View Link
  • Is Arm Holdings Stock a Buy Ahead of Its 100B Device AI Rollout?
    Among the standout success stories in this AI-driven landscape is chip designer Arm Holdings plc (ARM). Since its public debut last year, Arm has captivated significant investor interest, propelled by ...
    06/7/2024 - 7:10 am | View Link
  • Why Semiconductor Stocks Broadcom, Arm Holdings, and Lam Research Rallied Today
    Shares of most semiconductor stocks including sector leaders Broadcom ( AVGO 5.23%), Arm Holdings ( ARM 6.17%), and Lam Research ( LRCX 4.92%) were rallying today, with these three up 5.2%, 5.3%, and ...
    06/5/2024 - 7:26 am | View Link
  • Why Is Arm Holdings Stock Trading Higher On Monday?
    ARM Price Action: Arm shares traded higher by 2.97% at $124.10 premarket at the last check on Monday. Also Read: Arm Holdings Poised To Challenge Qualcomm, Intel, AMD In AI, Analysts Predict Growth In ...
    06/3/2024 - 1:38 am | View Link
  • Chip designer Arm eyes 100B of its devices to be AI-ready by next year-end
    anticipates that 100 billion Arm devices globally will be ready for AI by the end of 2025, Reuters reported. The remarks were made by the chip designing company's CEO Rene Haas at the COMPUTEX 2024 ...
    06/3/2024 - 12:27 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News