Tag - arm

 
 

ARM

When SoftBank Group founder Masayoshi Son bought Arm in 2016 for $32 billion, he had grand plans for the company to dominate the nascent market for connected devices, also known as the Internet of Things.
COMMENTARY / Japan
Feb 21, 2024
Softbank’s Arm is not the AI play most people think it is
Today, GPUs are the gold standard for AI development and thus the equivalent of toilet paper during the pandemic.
Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during the SoftBank World event in Tokyo in October.
BUSINESS / Tech
Feb 17, 2024
Masayoshi Son aims to launch a $100 billion AI chip venture
The SoftBank Group founder is looking to create a chip venture to compete with Nvidia and supply semiconductors essential for AI.
SoftBank Group shares surged for a third day in Tokyo on Tuesday.
BUSINESS / Tech
Feb 13, 2024
SoftBank shares climb again with Arm’s explosive AI rally
Arm Holdings has almost doubled in value since making the case last week for how it will benefit from the artificial intelligence boom.
Arm CEO Rene Haas participates in the opening bell ceremony at the Nasdaq exchange in New York on Sept. 14 as the chip design firm holds an initial public offering.
BUSINESS / Markets
Oct 6, 2023
SoftBank’s Arm faces Wall Street scrutiny after massive IPO
Arm Holdings raised $4.87 billion last month in the largest IPO on a U.S. exchange since November 2021.
Arm CEO Rene Haas participates in the opening bell ceremony, as Softbank's Arm holds an initial public offering at Nasdaq Market site in New York on Thursday.
BUSINESS
Sep 19, 2023
SoftBank Group to gain $5.12 billion from blockbuster Arm IPO
Arm, whose chips power most of the world's smartphones, debuted on the U.S. Nasdaq stock exchange last Thursday in the largest U.S. IPO this year.
Arm executives gather outside the Nasdaq Market site, as the chip design firm held an initial public offering in New York on Thursday.
BUSINESS / Tech
Sep 16, 2023
SoftBank's Arm ends down, a day after $65 billion Nasdaq debut
Some strategists said trading volatility in the stock may be tied to the limited number of publicly traded shares.
Arm CEO Rene Haas rings the opening bell, as Softbank's Arm, a chip design firm, holds an initial public offering at Nasdaq MarketSite in New York on Thursday.
BUSINESS / Companies
Sep 15, 2023
Chip designer Arm soars 25% in IPO win for owner SoftBank
Shares in the chip designer, still 90% owned by SoftBank, closed at $63.59 in New York trading Thursday, giving it a market value of over $65 billion.
Arm U.S. headquarters in San Jose, California
BUSINESS / Companies
Sep 13, 2023
Arm’s CEO is pitching a made-for-you chip strategy ahead of IPO
The company is shifting its strategy, now focusing on doing complex design work on specific products, tailored for what it sees as key areas of growth.
Mizuho Financial Group has been expanding its presence in the United States to tap the world’s biggest fee pool, becoming one of the four global investment banks leading Arm's IPO.
BUSINESS / Companies
Sep 8, 2023
Mizuho's SoftBank ties boost Wall Street ambitions via Arm IPO
The bank has been expanding its presence in the U.S. to tap the world’s biggest fee pool, even as deals slump globally following the pandemic.
Arm Holdings kicked off its roadshow for initial public offering on Tuesday, disclosing that the proposed range would value it at between $48 billion and $52 billion.
BUSINESS / Companies
Sep 6, 2023
SoftBank's Arm launches IPO courting T Rowe in $52B valuation ask
T Rowe Price has been an anchor investor in some of the biggest stock market debuts.
A show of support from some of the tech industry’s biggest names will help bolster Arm's IPO, which is expected to raise $5 billion to $7 billion.
BUSINESS / Tech
Sep 2, 2023
SoftBank lines up Apple and Nvidia as strategic Arm IPO backers
The show of support from some of the tech industry’s biggest names will help bolster an IPO that is expected to raise $5 billion to $7 billion.
The initial public offering for Arm Holdings is set to be the biggest in the United States this year.
BUSINESS / Markets
Aug 22, 2023
SoftBank’s planned IPO for Arm set to be biggest of 2023
Arm didn’t disclose proposed terms for the share sale in the document, but it’s expected to seek a valuation of $60 billion to $70 billion.
SoftBank, which currently owns 75% of Arm, is in talks to acquire the 25% stake in the firm it does not directly own from Vision Fund 1, according to sources.
BUSINESS
Aug 14, 2023
SoftBank in talks to buy Vision Fund's 25% stake in Arm
The move would potentially deliver a win for investors who have waited years for strong returns.
Japan Times
BUSINESS
Jun 21, 2023
SoftBank’s Son goes back on offense to cement his tech legacy
The billionaire is ending years of relative dormancy after his Vision Fund, the world’s largest pool of tech capital, racked up billions of dollars of losses.
Japan Times
BUSINESS / Companies
Mar 7, 2023
SoftBank's Arm likely aiming to raise at least $8 billion in U.S. IPO
Arm is expected to confidentially submit paperwork for its initial public offering in late April, two sources said, speaking on condition of anonymity.
Japan Times
BUSINESS / FOCUS
Mar 4, 2023
London’s investment appeal is unraveling as Arm heads to the U.S.
The trend is ominous for flagging initial public offerings in the U.K. and also sets back efforts to transform what is widely perceived to be a dinosaur equity market.
Japan Times
BUSINESS / Companies
Mar 3, 2023
SoftBank's Arm rebuffs London by choosing U.S. listing
The firm did not rule out an eventual London listing, saying it intended to consider a subsequent initial public offering there in due course, without providing further details.
Japan Times
BUSINESS / Companies
Feb 8, 2023
All eyes on where SoftBank-backed Arm will be listed
Despite a dip in profitability for other prominent chipmakers amid a global slowdown, Arm has shown strong growth over the past four quarters.
Japan Times
BUSINESS / Companies
Feb 6, 2023
As tech slumps, SoftBank's Son spooks investors with plan to skip earnings call
The founder and chief executive of the world’s largest tech investor is bidding farewell to the presentations he’s led for decades, saying he would focus on taking chip designer Arm public.
Japan Times
BUSINESS
Nov 11, 2022
SoftBank Group reports net loss of ¥129 billion for April-September period
Its net loss, however, was reduced from a record u00a53.16 trillion in the April-June quarter after it logged massive gains from selling some of its stake in Chinese tech giant Alibaba.

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