SoftBank-owned Arm courts Big Tech interest in its IPO

economictimes.indiatimes.com:

SoftBank Group-owned chip designer Arm is getting investment interest from several major tech firms for what is expected to be one of this year's biggest initial public offerings. Arm has been in talks with about 10 companies, including Amazon.com, Intel, Alphabet and Nvidia, about investments ahead of its IPO.

Here is a list of companies that could be anchor investors in the IPOAmazon.com Amazon Web Services, the internet giant's cloud business, makes its own processing chip called Graviton, using Arm's architecture.Apple Arm licenses its technology to Apple to design chips used in its devices.Intel Intel Foundry Services and Arm announced a partnership in April to ensure that mobile phone chips and other products that use Arm's technology can be made in Intel's factories.Alphabet Alphabet's Google Cloud unit also uses computing chips based on Arm's technology in its machine learning, Android and compute engine service.Microsoft Microsoft's Windows also runs on devices powered by Arm processors.Taiwan Semiconductor TSMC's partnership with Arm helps Manufacturing Co the chip contract manufacturer's customers design chips for devices and high-performance cloud data centers.Samsung Electronics Arm also sells its architecture and technology to Samsung for use in its chips for smartphones.Nvidia Arm had said chip giant Nvidia's data center processor Grace was built using its Neoverse V2 design. Nvidia's plan to buy Arm in a deal worth $80 bln was shelved in February last year.