Qualcomm interested in buying Arm stake in upcoming IPO

clock • 2 min read
Qualcomm is one of Arm's licensees, but suggests it could take a stake as part of a consortium - much less threatening than Nvidia's proposed wholesale acquistion in 2020
Image:

Qualcomm is one of Arm's licensees, but suggests it could take a stake as part of a consortium - much less threatening than Nvidia's proposed wholesale acquistion in 2020

CEO Cristiano Amon has said the chipmaker intends to purchase a share in Arm during its planned IPO this year.

Amon told the Financial Times that his company is interested in investing alongside its competitors, and indicated that Qualcomm could collaborate with other businesses in the event that a large en...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Google to use Reddit posts for training AI models

Big Data and Analytics

Reddit will get access to Vertex AI as part of the deal as it heads for IPO

clock 23 February 2024 • 2 min read
Nvida revenues rise 265% on AI chips

Finance and Reporting

Looks set to make Nvidia more valuable than Amazon and Alphabet

clock 22 February 2024 • 2 min read
Intel splits in two, signs deal with Microsoft

Chips and Components

'We want to be the foundry for the world'

clock 22 February 2024 • 7 min read
Most read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Finance

Built world climate tech stands out against VC slump

Built world climate tech stands out against VC slump

The UK is in a strong position for global investment

Penny Horwood
clock 06 December 2023 • 3 min read
HSBC online banking outage hampers Black Friday shopping for thousands

HSBC online banking outage hampers Black Friday shopping for thousands

Many customers complained about the lack of communication from the bank

clock 27 November 2023 • 3 min read
Microsoft owes $29bn in tax, US authorities say

Microsoft owes $29bn in tax, US authorities say

Microsoft says it disagrees with the IRS' latest tax demand

clock 13 October 2023 • 3 min read