Softbank-Backed Chip Designer Arm Aims for $60B-$70B IPO Valuation Amid Bullish AI Chip Outlook
Portfolio Pulse from Anusuya Lahiri
Softbank-backed British chip designer Arm Ltd is planning an initial public offering (IPO) at a valuation of $60 billion - $70 billion by September, reflecting its optimistic outlook on artificial intelligence chips. The company aims to raise $10 billion in the IPO. Nvidia Corp and Intel Corp have engaged in preliminary talks to become anchor investors in the IPO. Amazon.com Inc has adopted Arm-based chips for its Amazon Web Services.
August 04, 2023 | 11:12 am
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POSITIVE IMPACT
Amazon's use of Arm-based chips for its Amazon Web Services could be positively impacted by the success of Arm's IPO.
Amazon's use of Arm-based chips for its Amazon Web Services could be positively impacted by the success of Arm's IPO, potentially leading to improved efficiency and cost-effectiveness.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Intel's potential investment in Arm Ltd's IPO could provide strategic benefits and potential returns.
Intel's potential investment in Arm Ltd's IPO could provide strategic benefits and potential returns.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Nvidia's potential investment in Arm Ltd's IPO could provide strategic benefits and potential returns.
Nvidia's potential investment in Arm Ltd's IPO could provide strategic benefits and potential returns, especially given the company's previous failed takeover attempt.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Softbank's investment in Arm Ltd could see significant returns if the IPO is successful.
As the main backer of Arm Ltd, Softbank stands to gain significantly if the IPO is successful and reaches the targeted valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100