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Chip designer Arm's $55 billion IPO smacks of bankers' desperation

The oversubscription isnt an indication of investor enthusiasm. SoftBank plans to sell only 9 percent of Armโ€™s shares, and will pledge out a 75 percent stake for margin loans once the stock debuts. With anย IPO drought and SoftBank dangling millions of dollars, bankers are willing to tell any story, however stretched it is. Arms focus on chips for smartphones isnt where the AI market is hot
United Kingdom Jay Ritter Jensen Huang Sara Russo Masayoshi Son Rene Haas

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Fund Managers See Water Risk in Semiconductor Bets Being Mispriced

(Bloomberg) -- Investors in semiconductor stocks face a growing threat to industry valuations: a chronic shortage of water.Most Read from BloombergApple iPhone 15 Event Will Tout Enhanced Camera, Titanium FinishThe Mighty American Consumer Is About to Hit a Wall, Investors SayTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiApple’s iPhone 15 Debut Includes Higher Price on Top ModelBP CEO Looney Quits Over Past Relationships With ColleaguesFor Abrdn Plc, ther...
Hong Kong United States The Netherlands Charles Shum Abrdn Smith Sean Chen
Source: yahoo.com

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