Semiconductor powerhouse could invest hundreds of millions of dollars in Cambridge-based firm The British chip design company Arm is in talks to bring in Nvidia as an anchor investor in its US flotation, according to a report. Arm, based in Cambridge, is in discussions with the world's most valuable semiconductor company about taking a stake in the business during the initial public offering (IPO), the Financial Times reported.
Nvidia in talks to be anchor investor in Arm flotation, say reports
The Guardian - 12 Jul 2023 13:48
Semiconductor powerhouse could invest hundreds of millions of dollars in Cambridge-based firm The British chip design company Arm is in talks to bring in Nvidia as an anchor investor in its US flotation, according to a report. Arm, based in Cambridge, is in discussions with the world's most valuable semiconductor company about taking a stake in the business during the initial public offering (IPO), the Financial Times reported.
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