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Intel Is in Talks to Be an Anchor Investor in Chipmaker Arm’s IPO

June 13, 2023
in Market & News
Reading Time: 1 min read
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Intel Is in Talks to Be an Anchor Investor in Chipmaker Arm’s IPO
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Arm Ltd., the chip designer backed by SoftBank Group Corp., is in talks with potential strategic investors including Intel Corp. to anchor what will be one of the largest initial public offerings of the year, people familiar with the matter said. 

UK-based Arm has held talks with other companies about participating in the IPO, according to the people, who asked not to be identified discussing confidential information. 

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