Nvidia in talks to be anchor investor in Arm flotation, say reports

July 12, 2023
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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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​Artificial intelligence (AI) | The Guardian

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Read full article here:
https://www.theguardian.com/business/2023/jul/12/nvidia-talks-arm-anchor-investor-flotation
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