Amazon in talks with UK microchip designer Arm over becoming anchor investor
by Hibaq Farah from World news | The Guardian on (#6DPD6)
Cambridge-based Arm has also attracted interest from Apple, Samsung and Nvidia
Tech giant Amazon is in talks to become an anchor investor in the upcoming stock market flotation of British microchip designer Arm.
Arm is planning to list on New York's Nasdaq exchange in early September and is reportedly targeting a valuation of $70bn in what could be the biggest stock market debut of the year.
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