Arm Allegedly in Talks with Nvidia and Intel to Become Anchor Investors

As Arm is gearing up for its IPO at New York Stock Exchange later this year, it is allegedly courting Intel and Nvidia in an attempt to attract them both to become its anchor investors, according to reports from Bloomberg and Financial Times. Attracting anchor investors can drive the valuation of SoftBank-backed Arm, which is facing competition from multiple directions amid a semiconductor market slump.

Negotiations around Arm’s valuation are ongoing between the potential investors and Arm. Nvidia, which failed its $66 billion takeover of Arm in 2022, is interested in a share price that reflects Arm’s overall value between $35 billion and $40 billion, Financial Times reports citing a source familiar with these conversations. Meanwhile, Arm’s aspirations are higher, closer to a valuation of $80 billion. 

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