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

MacRumors
By Tim HardwickAug 8, 2023, 6:40 am298 pts
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. The chip designer's market capitalization by that time is expected to be more than $60 billion, which would make it the world's…

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