Samsung and Apple plans to invest in Arm. The chip design maker is now planning to sell some of its stakes to some of its biggest customers. And with that being said, big tech firms such as Apple and Samsung are now lining up to invest in the company.
Samsung and Apple Invest In Arm
Arm, which is the SoftBank-owned chip design company, is already lining up major investors just so you know. Apple, Samsung, Nvidia, and even Intel all plan on buying stakes in Arm when it finally goes public in September, as per a report from Nikkei Asia.
The British chip designer plays a very important and integral role in the technology industry. The company as you should know specializes in licensing chip designs to companies, thus letting the tech giants of the world manufacture semiconductors in their very own factories and then apply customizations. Some of the biggest customers of Arm are the companies that plan on investing in it which are Apple, Samsung, Nvidia, and Intel as they have all used Arm architecture in their chips.
Arm Will Sell Each Company Stakes Worth A Few Percent of Each
As reported by Nikkei Asia, Arm will reportedly sell each company stakes worth “a few percent each” to help to stabilize its stock price. Arm recently announced its plans to go public in the previous year after the $40 billion deal of Nvidia to acquire the company fell through due to “significant regulatory challenges.” Arm CEO Rene Haas in an interview with Decoder last September, said that he made the decision to file for an IPO as the firm “began to pivot toward other markets,” such as getting to license chip designs for cloud computing products.
“We have diversified our business by not only developing different products but also by addressing it through different parts of business model strategy,” Haas stated. “We knew our business was going to be okay. All of the financial results you are seeing now, which are terrific and the team has done a fantastic job on, really come from work that was done a few years ago.”
Intel Announced It Will Be Working with Arm to Manufacture Chips on Intel’s 18A Process
Intel in the early parts of this year announced that it will be working with Arm to help manufacture chips on Intel’s 18A process. Qualcomm, NXP Semiconductors, and other chipmakers meanwhile are looking to challenge Arm via the development of their very own company to help develop the rival chip architecture RISC-V.
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