Tokyo According to a report, Nvidia could still get involved as an investor in the billion-dollar ARM IPO. The graphics processor specialist had tried in vain to swallow the chip designer more than a year ago.
The negotiations between ARM and Nvidia revolved around the valuation of ARM, wrote the “Financial Times” in its Wednesday edition. Nvidia would prefer a valuation of the entire IPO between $35 billion and $40 billion for an entry. ARM, on the other hand, is aiming for a value in the direction of $80 billion. Neither company initially wanted to comment on the matter.
ARM’s previous owner, technology investor Softbank, is driving the chip designer’s IPO on Wall Street, according to insiders. A date from September is planned.
It could be the biggest debut of the year. ARM is negotiating with more than ten companies to become anchor investors. This also includes the chip group Intel.
Nvidia is only expected to take over a relatively small ARM stake of a few hundred million dollars, the FT continued. This is to avoid antitrust problems. The sale of ARM to Nvidia failed due to concerns from several competition authorities.
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