Apple to Invest in British Chip Designer Arm on Initial Public Offering

Apple plans to invest in British chip design company Arm when owner Softbank Group floats its shares in an initial public offering on the Nasdaq in September, reports Nikkei Asia.

arm logo blue bg
The chip designer's market capitalization by that time is expected to be more than $60 billion, which would make it the world's biggest initial public offering so far this year.

SoftBank will officially apply to the U.S. Securities and Exchange Commission for the listing later this month. Then it must obtain approval from Nasdaq. Leading global chipmakers, including Apple, Samsung Electronics, Nvidia and Intel, will invest in Arm as soon as the company is listed on the market.

Arm plans to welcome the big chipmakers as medium- to long-term shareholders, selling them stakes of a few percent each. By holding Arm's shares, chipmakers will hope to have sway over Arm's management.

Japan-based SoftBank has been preparing for an IPO since its plan to sell Arm to Nvidia became subject to regulatory scrutiny. California-based Nvidia in January 2022 abandoned the purchase when it became clear that the deal would be blocked by the FTC.

Since its founding in 1990, Arm has developed integrated circuit design data, considered the "blueprint" for semiconductors. Arm licenses its chip designs to over 500 companies, including Apple, and its architecture is used in 95 percent of the world's smartphones.

Arm's hardware underpins all of Apple's custom silicon processors such as the A15 in the iPhone 14 and the M2 in the MacBook Pro, since Apple licenses the Arm instruction set.

Tag: Arm

Popular Stories

iPhone SE 4 Vertical Camera Feature

iPhone SE 4 Rumored to Use Same Rear Chassis as iPhone 16

Friday July 19, 2024 7:16 am PDT by
Apple will adopt the same rear chassis manufacturing process for the iPhone SE 4 that it is using for the upcoming standard iPhone 16, claims a new rumor coming out of China. According to the Weibo-based leaker "Fixed Focus Digital," the backplate manufacturing process for the iPhone SE 4 is "exactly the same" as the standard model in Apple's upcoming iPhone 16 lineup, which is expected to...
iPhone 16 Pro Sizes Feature

iPhone 16 Series Is Just Two Months Away: Everything We Know

Monday July 15, 2024 4:44 am PDT by
Apple typically releases its new iPhone series around mid-September, which means we are about two months out from the launch of the iPhone 16. Like the iPhone 15 series, this year's lineup is expected to stick with four models – iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max – although there are plenty of design differences and new features to take into account. To bring ...
bsod

Crowdstrike Says Global IT Outage Impacting Windows PCs, But Mac and Linux Hosts Not Affected

Friday July 19, 2024 3:12 am PDT by
A widespread system failure is currently affecting numerous Windows devices globally, causing critical boot failures across various industries, including banks, rail networks, airlines, retailers, broadcasters, healthcare, and many more sectors. The issue, manifesting as a Blue Screen of Death (BSOD), is preventing computers from starting up properly and forcing them into continuous recovery...
iphone 14 lineup

Cellebrite Unable to Unlock iPhones on iOS 17.4 or Later, Leak Reveals

Thursday July 18, 2024 4:18 am PDT by
Israel-based mobile forensics company Cellebrite is unable to unlock iPhones running iOS 17.4 or later, according to leaked documents verified by 404 Media. The documents provide a rare glimpse into the capabilities of the company's mobile forensics tools and highlight the ongoing security improvements in Apple's latest devices. The leaked "Cellebrite iOS Support Matrix" obtained by 404 Media...
Apple Watch Series 9

2024 Apple Watch Lineup: Key Changes We're Expecting

Tuesday July 16, 2024 7:59 am PDT by
Apple is seemingly planning a rework of the Apple Watch lineup for 2024, according to a range of reports from over the past year. Here's everything we know so far. Apple is expected to continue to offer three different Apple Watch models in five casing sizes, but the various display sizes will allegedly grow by up to 12% and the casings will get taller. Based on all of the latest rumors,...
tinypod apple watch

TinyPod Turns Your Apple Watch Into an iPod

Wednesday July 17, 2024 3:18 pm PDT by
If you have an old Apple Watch and you're not sure what to do with it, a new product called TinyPod might be the answer. Priced at $79, the TinyPod is a silicone case with a built-in scroll wheel that houses the Apple Watch chassis. When an Apple Watch is placed inside the TinyPod, the click wheel on the case is able to be used to scroll through the Apple Watch interface. The feature works...

Top Rated Comments

a m u n Avatar
13 months ago
For those who don’t know:


The company was founded in November 1990 as Advanced RISC Machines Ltd. and structured as a joint venture between Acorn Computers, Apple, and VLSI Technology.
Score: 24 Votes (Like | Disagree)
mannyvel Avatar
13 months ago
ARM and Apple go back a long way. Selling ARM stock kept Apple alive during the lean years, and now Apple is completely ARM-based. Amazing.
Score: 15 Votes (Like | Disagree)
CapitalIdea Avatar
13 months ago

Should invest in RISC-V Instead
I would but my investments are tied up in PowerPC and BeOS.
Score: 8 Votes (Like | Disagree)
Kazgarth Avatar
13 months ago
Should invest in RISC-V Instead
Score: 8 Votes (Like | Disagree)
Mr. Dee Avatar
13 months ago
Will I be able to afford this stock when it goes public? Seems like a safe bet for the long term?
Score: 7 Votes (Like | Disagree)
omglolbbq Avatar
13 months ago
In today’s least surprising news…
Score: 6 Votes (Like | Disagree)