Chip designer Arm is in talks to bring in Nvidia as an anchor investor, while the SoftBank-owned company presses ahead with plans for a New York listing as soon as September, several people briefed on the talks said.
Nvidia, the world’s most valuable semiconductor company, was forced last year to abandon its planned $66bn acquisition of Arm after the deal was challenged by regulators.
The Silicon Valley-based chipmaker is one of several existing Arm partners, including Intel, that the UK-based company is hoping will take a long-term stake at the initial public offering stage, according to the people.
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