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Intel joins Apple, Alphabet and Samsung as an Arm investor
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Intel joins Apple, Alphabet and Samsung as an Arm investor
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8th September 2023, 04:59
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 149,582
 |  Intel joins Apple, Alphabet and Samsung as an Arm investor Intel is one of the latest companies to invest in Arm, joining the ranks of Samsung, Alphabet, Nvidia and more, Tom's Hardware reports. The move comes as Softbank preps Arm for its IPO, with plans to offer 95.5 million shares at $47 to $51 each. The company is valued at $52 billion — more than the almost deal selling Arm to Nvidia for $40 billion that fell off in 2022 (barriers included the Federal Trade Commission suing to block it). https://www.engadget.com/intel-joins...9.html?src=rss |
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