Nikkei is reporting (https://asia.nikkei.com/Business/Tech/Semiconductors/Apple-Samsung-to-invest-in-Arm-as-it-eyes-September-IPO) that chip design company Arm is set to go public on the US Nasdaq stock exchange later this year, with an IPO valued at more than $60 billion.
Apple, Samsung, Nvidia, Intel, and other leading chipmakers will invest in Arm stock when it goes public. For Apple, this ownership stake will help secure a stable future for the chip architecture that forms the foundations of all of its Apple Silicon chips.
more… (https://9to5mac.com/2023/08/08/apple-invest-arm-public-stock-offering/#more-900652)
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https://9to5mac.com/2023/08/08/apple-invest-arm-public-stock-offering/