Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

This Semiconductor Stock Is Hoping to Ride the Artificial Intelligence (AI) Gold Rush as It Files for Its IPO

TheMotleyFool

0 0

This Semiconductor Stock Is Hoping to Ride the Artificial Intelligence (AI) Gold Rush as It Files for Its IPO: https://g.foolcdn.com/editorial/images/745412/a-computer-circuit-board-with-a-cpu.jpg

Arm Holdings may not be a household name, but the designer of central processing units (CPUs) made headlines in 2020 when Nvidia announced plans to buy the company for $40 billion. The deal ultimately fell through, with Nvidia citing "significant regulatory challenges preventing the consummation of the transaction."

Now, Arm is pursuing another venue, filing an F-1 with the Securities and Exchange Commission (SEC) in its first step toward an initial public offering (IPO).

Let's see what the regulatory filing tells us and why Arm thinks now is the right time to go public.

Source Fool.com

Like: 0

bf01ba56-7439-4a4f-83ab-acf453f92487

Share