The Japanese conglomerate had originally planned to sell Arm to Nvidia, but the sale collapsed amid regulatory scrutiny.
The deal was announced back in 2020 and valued at $40 billion in Nvidia stock and cash. With the sale now off the table, Arm is set to prepare for a public debut within the fiscal year ending March 31, 2023. "When they did the deal with Nvidia, it was a little bit complicated because they were taking two-thirds of the price in Nvidia stock —
which we know SoftBank was very, very bullish on," said Matthew. As a result, the Japanese conglomerate is likely to look for a higher valuation and let Arm go public "at a pretty decent price."
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No thanks to the click bait or whatever you are peddling it’s just February