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The oversubscription isn't an indication of investor enthusiasm. SoftBank plans to sell only 9 percent of Arm’s shares, and will pledge out a 75 percent stake for margin loans once the stock debuts. With an IPO drought and SoftBank dangling millions of dollars, bankers are willing to tell any story, however stretched it is. Arm's focus on chips for smartphones isn't where the AI market is hot
Bengalurus Namma Yatri autodrivers wont have a free ride anymore. The ride-hailing app, launched by a city autorickshaw union late last year to counter Uber and Ola, has announced subscription fees for drivers from September 1.
Arm's status as the Switzerland of computer chips faces a growing threat from an open-source rival: RISC-V.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Nvidia’s purchase of UK-based chip designer Arm has hit another road block as US' Federal Trade Commission (FTC) has decided to sue to block the deal valued at $80 billion.