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    • Chip designer ARM reportedly increases prices ahead of US IPO

    Chip designer ARM reportedly increases prices ahead of US IPO

    Johnson23 March 2023

    Bangalore Before the planned IPO in the US, ARM apparently wants to make itself more attractive to investors. The British chip designer, on whose designs practically all smartphone processors are based, wants to boost sales with price increases, the Financial Times reported on Thursday, citing industry insiders and former employees.

    The company, which belongs to the Japanese tech investor Softbank, has informed customers about a “significant change” in the business model. In future, the license fees should no longer be based on the value of the chip, but that of the device. ARM hopes that this will multiply revenue. The company declined to comment on the matter.

    According to earlier statements by insiders, the chip designer is aiming for proceeds of at least $8 billion from the Wall Street stock offering. The total value of the group is estimated at more than 50 billion dollars. The hot phase in the preparations for the IPO is about to start.

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    Recent Posts

    • I regret that De la Morena and I got involved in an absurd war
    • Artificial intelligence: When machines learn empathy
    • Detect fraud when shopping online
    • Text AI Risks: Abuse and Unreliability: AI chatbots have limitations
    • imageKI-News: Apple allegedly restricts the use of ChatGPT for employeesHow you can use ChatGPT in German for free +++ Bain boss: “AI as a technology has the potential to change the world” +++ Current information on artificial intelligence in the News- blog. More…

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