A source told Reuters on Monday that Intel (INTC.O) is in talks with SoftBank Group Corp.’s (9984.T) Arm to be an anchor investor in the chip designer’s IPO.
Reuters reported in April that Arm will sell its Nasdaq shares later this year to raise $8–10 billion.
Intel, AMD, Nvidia, and Qualcomm leverage Arm’s ideas to make CPUs. Not it.
Immediately evident how an IPO investment by one or more of those companies would affect Arm’s commercial partnerships.
The chip designer filed confidentially for a U.S. stock market listing in April, setting up the year’s largest IPO.
Intel and Arm declined to comment to Reuters.
