SoftBank's Arm in talks with big tech firms for IPO investment

SoftBank's Arm in talks with big tech firms for IPO investment

FILE PHOTO: The Arm Ltd logo and a rising stock graph are seen in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration

SoftBank Group Corp’s Arm is in talks with some of its biggest customers and end users about bringing on one or more anchor investors in the chip designer’s initial public offering (IPO), two sources familiar with the matter said.

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