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☆ Hermann Hauser discusses Arm's beginnings
▼ + stars: | 2023-09-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHermann Hauser discusses Arm's beginningsHermann Hauser of Acorn Computers, which played a key role in the early stages of chip design company Arm, reflects on the company's beginnings.

Persons: Hermann Hauser Organizations: Acorn Computers

☆ Arm is 'the Switzerland of semiconductors,' says author
▼ + stars: | 2023-09-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailArm is 'the Switzerland of semiconductors,' says authorJames Ashton, author of "The Everything Blueprint," discusses ARM's IPO ahead of its debut on the Nasdaq.

Persons: James Ashton , Organizations: Nasdaq Locations: Switzerland

☆ The Arm IPO is here, but many ETFs will not be buyers
▼ + stars: | 2023-09-14 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

The Cupertino, Calif.-based company licenses its processorIPO and tech enthusiasts are excited about the Arm Holdings Plc initial pubic offering, and with good reason: it's the first big tech IPO in more than two years. However, some investors who would like to get immediate exposure to the Arm IPO through ETFs may be disappointed. However, this particular IPO highlights several difficulties that even large companies like Arm have in acquiring a broader ownership base through ETFs. The first problem is that Arm is not a U.S. company, it's British — which generally would exclude it from the S&P indexes. Potential ETF buyers: Nasdaq-100 ETF, IPO ETFsThere are some potential ETF buyers.

Persons: Matt Bartolini, Howard Silverblatt, Van Eck, Jan Van Eck, Todd Sohn, it's, Matt Kennedy, Nate Geraci, I'm Organizations: ARM Holdings, Arm Holdings, Nasdaq, Tech, ARM, P, SPDR Technology, SPDR, SPDR Americas Research, Street Global Advisors, Global, Renaissance, Van Eck Semiconductor, CNBC, Vanguard Total U.S, Renaissance Capital Locations: Cupertino, Calif, U.S, SPDR Americas

☆ Watch CNBC's full interview with Softbank CEO Masayoshi Son and Arm CEO Rene on Arm's IPO
▼ + stars: | 2023-09-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Softbank CEO Masayoshi Son and Arm CEO Rene on Arm's IPOArm CEO Rene Haas and Softbank CEO Masayoshi Son sit down with CNBC's David Faber exclusively ahead of the company's blockbuster IPO. Together they discussed expectations for the public markets, China, business outlook and competition.

Persons: Masayoshi, Rene, Rene Haas, Masayoshi Son, CNBC's David Faber Locations: China

☆ Arm rallied on the AI thesis and its Nvidia partnership, says Jim Cramer
▼ + stars: | 2023-09-14 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailArm rallied on the AI thesis and its Nvidia partnership, says Jim Cramer'Mad Money' host Jim Cramer talks Arm's major IPO day, the stock reaction and more.

Persons: Jim Cramer, Arm's Organizations: Nvidia

☆ Arm debut about activity in capital markets starting to pick up, says Hightower's Link
▼ + stars: | 2023-09-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailArm debut about activity in capital markets starting to pick up, says Hightower's LinkStephanie Link, Hightower Advisors chief investment strategist, joins 'Squawk Box' to discuss the Arm's equity market debut, what makes Link feel better about stocks overall, and more.

Persons: Stephanie Link, Hightower Organizations: Hightower Advisors

☆ The Arm deal was exactly what sideline money needed to get back in the market, says Jim Cramer
▼ + stars: | 2023-09-14 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Arm deal was exactly what sideline money needed to get back in the market, says Jim Cramer'Mad Money' host Jim Cramer talks Arm's major IPO day, the stock reaction and more.

Persons: Jim Cramer, Arm's

☆ Optimism around tech could dictate the success of a company like Arm: Zevenbergen's Anthony Zachary
▼ + stars: | 2023-09-14 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOptimism around tech could dictate the success of a company like Arm: Zevenbergen's Anthony ZacharyGeorge Seay, Annandale Capital Founder and Anthony Zachary, Zevenbergen Capital Investments Portfolio Manager, join 'Closing Bell Overtime' to talk the recent earnings slate, Arm's big IPO day, the day's market action and more.

Persons: Zevenbergen's Anthony Zachary George Seay, Anthony Zachary Organizations: Annandale Capital Locations: Annandale

☆ Arm IPO: China is huge for the SoftBank-owned company. That's a risk for its new investors
▼ + stars: | 2023-09-14 | by ( Michelle Toh | ) edition.cnn.com time to read: +6 min

Arm China is “an entity that operates independently of us and is our single largest customer,” the company said in its prospectus. A complex relationshipIn its filing, Arm said it held just a “4.8% indirect ownership interest in Arm China,” through a 10% non-voting stake in a SoftBank-controlled entity that owns less than half of the Chinese company. Arm has had trouble with Arm China before. Arm China has also been subject to a legal battle with its former CEO, Allen Wu. As of August, the cases had been resolved in favor of Arm China, it said, but the outcome could still be appealed.

Persons: SoftBank, Arm, ” Kirk Boodry, Japan’s SoftBank, Masayoshi Son, David Paul Morris, ”, Kyle Stanford, ” Stanford, Jay Clayton, Ivana Delevska, Spear, …, Allen Wu, Wu, hasn’t, Delevska Organizations: Hong Kong CNN —, Vision Fund, CNN, Nvidia, Bloomberg, Getty, US Securities and Exchange, Spear Invest, “, Arm, Companies, Apple, Google, AMD, Samsung Locations: Hong Kong, British, China, Washington, Beijing, Arm China, Cambridge, United States, United Kingdom, San Jose , California, America, decouple

☆ SoftBank's Arm set to debut on Nasdaq after biggest IPO since 2021
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +3 min

A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSept 14 (Reuters) - SoftBank's chip designer Arm Holdings (ARM.O) is set to debut on the Nasdaq on Thursday, in what is expected to be the biggest test for the U.S. IPO market after a listing drought that lasted for nearly 16 months. Hopes of a revival in the IPO market largely depend on the success of the high-profile listings of Arm and other marquee startups, including grocery delivery firm Instacart and marketing firm Klaviyo. Arm also told investors its royalty fees, which account for most of its revenue, were accumulating since it started collecting them in the early 1990s. Royalty revenue came in at $1.68 billion at the latest fiscal year, up from $1.56 billion a year ago.

Persons: Dado Ruvic, iPhones, it's, Susannah Streeter, Hargreaves Lansdown, Goldman Sachs, JPMorgan Chase, Manya Saini, Niket, Arun Koyyur Organizations: REUTERS, Arm Holdings, Nasdaq, U.S, Apple, Intel, London Stock Exchange, SoftBank, Android, Nvidia, Devices, Broadcom, Qualcomm, Micron Technology, Barclays, JPMorgan, Mizuho Financial Group, Thomson Locations: Samsung's, China, New York, Bengaluru

☆ Arm more or less has a monopoly on smartphone central processing units, says Jim Cramer
▼ + stars: | 2023-09-14 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

'Mad Money' host Jim Cramer continues his discussion on Arm's major IPO day. Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email

Persons: Jim Cramer

☆ Today's action in Arm shares could be a good sign for the IPO market, says Jim Cramer
▼ + stars: | 2023-09-14 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

'Mad Money' host Jim Cramer continues his discussion on Arm's major IPO day. Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email

Persons: Jim Cramer

☆ SoftBank-backed Arm's long march to $54.5 bln US listing
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: 1 min

The Arm Ltd logo and a U.S. flag are seen in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsSept 14 (Reuters) - Arm Holdings (ARM.O) secured a $54.5 billion valuation in its U.S. initial public offering (IPO) on Wednesday, seven years after its owner SoftBank Group (9984.T) took the chip designer private for $32 billion. The Japanese investment giant sold 95.5 million American Depositary shares of Arm at $51 apiece to raise $4.87 billion in the listing. Last month, SoftBank signed a deal to buy the 25% stake it did not already own in Arm from its $100 billion Vision Fund, enabling it to sell fewer Arm shares in the IPO. Below is a timeline of key events:Reporting by Manya Saini in Bengaluru; Editing by Janane Venkatraman and Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, SoftBank, Manya Saini, Janane Venkatraman, Maju Samuel Organizations: REUTERS, Arm Holdings, SoftBank, Vision, Thomson Locations: U.S, Bengaluru

☆ Arm is trading at a premium to Nvidia after IPO pop even though it's a 'no-growth company'
▼ + stars: | 2023-09-14 | by ( Ari Levy | ) www.cnbc.com time to read: +5 min

Arm CEO Rene Haas and executives cheer, as Softbank's Arm, chip design firm, holds an initial public offering (IPO) at Nasdaq Market site in New York, U.S., September 14, 2023. Arm's Nasdaq debut on Thursday looks good for SoftBank, which just spun the company out after acquiring it in 2016. The UK-based chip design company saw its stock jump 25% to $63.59 after its IPO, lifting the company's fully diluted market cap to almost $68 billion. For now, there's not a big open market for Arm's stock. Of the $4.9 billion worth of shares SoftBank sold, $735 million were purchased by a group of strategic investors including Apple , Google , Nvidia, Samsung and Intel .

Persons: Rene Haas, Jay Ritter, there's, SoftBank, Masayoshi Son, We've, CNBC's David Faber, Matt Oguz, it's, —, Oguz, Kif Leswing, SoftBank's Masayoshi, Arm's Rene Haas Organizations: Nasdaq, Wall, Nvidia, Semiconductor, U.S, University of Florida, Apple, Google, Samsung, Intel, Venture Science, AMD Locations: New York, U.S

☆ SoftBank's Masayoshi Son says AI-fueled technology can surpass human intelligence 'big time'
▼ + stars: | 2023-09-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Artificial intelligence is capable of helping solve some of the world's biggest problems and could potentially surpass the intelligence of humankind, according to SoftBank's Masayoshi Son. "Mankind was the smartest animal on the earth — AI is going to surpass, and surpass big time." The SoftBank founder and CEO called himself a "big believer" in AI, adding that Arm is a "core" beneficiary of the AI revolution. Arm's initial public offering Thursday may bring an end to a nearly two-year-long drought in large-scale technology initial public offerings. I'm optimistic that AI is going to solve the issues that mankind couldn't solve in the past."

Persons: Masayoshi, SoftBank's, CNBC's David Faber, Mankind, Son, he's, —, Scott Schnipper Organizations: Arm Holdings, Nasdaq, Federal Reserve, University of California, Forbes, Yahoo Locations: Tokyo, Berkeley

☆ Cramer calls Arm IPO a 'Goldilocks outcome,' says it's a good sign for the IPO market
▼ + stars: | 2023-09-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Thursday gave his take on Arm Holdings ' initial public offering, saying the semiconductor designer's market debut went as well as could be expected. "I think this deal was pretty darn close, really, to a Goldilocks outcome and a good sign of things to come for the IPO market," he said. "Arm went up enough to get people excited about new offerings again, but not so much that the whole thing became a travesty of a mockery of a sham." Valued at almost $60 billion at the open, Arm is the largest company to go public since electric car manufacturer Rivian in 2021. Despite the surge, Cramer suggested investors buy a small position in the stock.

Persons: CNBC's Jim Cramer, Cramer, you've Organizations: Arm Holdings, Apple, Nvidia, CNBC

☆ Ukraine destroyed a prized $1.2B Russian air-defense system with cruise missiles, reports say
▼ + stars: | 2023-09-14 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

Ukraine destroyed a Russian air-defense system worth $1.2 billion, reports said Thursday. The S-400 "Triumf" was taken down using a combination of Neptune missiles and drones, reports said. The advanced S-400 "Triumf" air-defense system was destroyed in a joint operation by Kyiv's security service (SBU) and navy, the BBC and Reuters reported, citing Ukrainian intelligence sources. It wrote that before its attack, Ukraine sent out drones to strike a Russian ship in the Black Sea. The air-defense system fired its rounds to shoot the drones down, thus revealing its location, Rybar reported.

Persons: Anton Gerashchenko, Jake Epstein Organizations: Service, BBC, Reuters, Kremlin, Wagner Group, Ministry of Defense, US's Patriot Locations: Ukraine, Wall, Silicon, Russian, Yevpatoriya, Crimea, Russia, Kremlin Russian

☆ Is Arm Holdings a smart way to play the booming AI market? Experts break down 2023's biggest IPO, and why you should invest with caution.
▼ + stars: | 2023-09-14 | by ( Mark Reeth | ) www.businessinsider.com time to read: +9 min

Arm Holdings, the British semiconductor and software maker, is set to go public on Thursday in the biggest initial public offering of 2023. This isn't the first time Arm shares have been available to the public. In its F-1 filing to go public, Arm said its CPUs "run the vast majority of the world's software." That would make Arm stock impressively expensive compared to peers in the tech sector. That said, while Arm shares are looking expensive today, if the company lives up to its high expectations, then the price begins to look more reasonable.

Persons: SoftBank, Arm, it's, Seth Farbman, ARM's, Farbman, Matt Bryson, he's, Bryson, Peter C, Earle, We've, It's Organizations: Arm Holdings, Bank of America, SoftBank, Taiwan Semiconductor Manufacturing, Nvidia, ARM, Apple, Google, AMD, Samsung, VStock, Intel, Wedbush Securities, American Institute for Economic Research, IPOs, China Arm's Locations: China

☆ Arm IPO: Should you buy shares? Here's what 4 analysts are saying
▼ + stars: | 2023-09-14 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

China risks Analysts have also noted Arm's limited control over its China joint venture, Arm China, which contributes 24% of revenue. "Plus, Arm can only sell to China customers via the Arm China channel, and they can offer competing product. With no direct stake in Arm China, they currently have very little control over their only means to sell in China." Valuation Analysts at New Constructs have also challenged Arm's valuation. Growth Analysts at Bernstein were also cautious, while expecting cloud, automotive, and mobile royalties to drive healthy top-line growth for Arm.

Persons: Rohit Kulkarni, Roth, SoftBank, Bernstein, Sara Russo, Russo, it's, Timm Schulze, Schulze, Melander, — CNBC's Michael Bloom Organizations: Apple, Nvidia, SoftBank Locations: British, New York, SoftBank, China, Arm China

☆ Cramer says Arm IPO infused 'sidelined money' into the market, steering Wall Street away from the bears
▼ + stars: | 2023-09-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Thursday told investors he thinks Arm Holdings ' initial public offering infused "sidelined money" into the market, giving Wall Street a boost. "Suddenly all of this sidelined money comes pouring back in because the IPO market is a terrific barometer of market health." He emphasized that Arm's IPO on its own hasn't changed market conditions, but it has changed how investors feel. To Cramer, rising rates from the Federal Reserve have controlled the market's narrative since it began tightening and gave bears "the upper hand intellectually" most of the time. "The bears don't have the upper hand emotionally, at least not today.

Persons: CNBC's Jim Cramer, There's, Cramer Organizations: United Auto Workers union, Federal Reserve

☆ Arm’s $52 bln IPO value sets stage for a fall
▼ + stars: | 2023-09-14 | by ( Karen Kwok | ) www.reuters.com time to read: +4 min

Arm’s IPO investors are effectively paying a slight premium while also betting that both growth and profitability are about to soar. Haas could then charge higher royalty rates. In the last calendar year, the company estimated that its royalty revenue equated to 1.7% of total worldwide spending on Arm-based chips. It’s not clear how many important Arm customers like Apple (AAPL.O), Nvidia (NVDA.O) and Samsung Electronics (005930.KS) have agreed to pay higher royalty rates. Nor will rising royalty rates necessarily compensate for possibly ongoing sluggish sales of smartphones, its key historic market.

Persons: Rene Haas, Haas, It’s, SoftBank, Liam Proud, Sharon Lam Organizations: Reuters, SoftBank Group, Cadence Design Systems, Apple, Nvidia, Samsung Electronics, Reuters Graphics Reuters, Thomson Locations: KS, British, New York

☆ Arm debut will help jump-start IPO market, early Airbnb investor Rick Heitzmann suggests
▼ + stars: | 2023-09-14 | by ( Stephanie Landsman | ) www.cnbc.com time to read: +2 min

Arm Holdings will help jump-start the IPO market, according to the venture capitalist behind Airbnb and Pinterest. Chip design company Arm , which is affiliated with Softbank, jumped almost 25% in its Nasdaq debut on Thursday. And, Heitzmann expects next week's Instacart IPO to follow in Arm's footsteps. "It's the reason they're going to price Instacart down 70% from the last private round." "People were wondering how much appetite is there from the big traditional IPO buyers," Heitzmann said.

Persons: FirstMark, Rick Heitzmann, CNBC's, Chip, Softbank, Johnson, Heitzmann, It's Organizations: Holdings, Softbank, Nasdaq, CART, Heitzmann

☆ All eyes are on ARM as the chipmaker prepares to start trading in 2023's biggest IPO. It will be a massive test of confidence in the AI boom.
▼ + stars: | 2023-09-14 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

ARM is set to return to the public markets with a massive IPO on Thursday. The SoftBank-owned chip designer has built its success offering designs to smartphone makers. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The chip designer, which has been privately owned since being bought for $32 billion by Japanese conglomerate SoftBank in 2016, has priced its shares at $51 . However, a slowdown in the smartphone market, where growth has become increasingly stagnant in recent years, has led ARM to explore new growth opportunities.

Persons: Masayoshi Son Organizations: Service, ARM, NASDAQ, Apple, SEC, Nvidia Locations: Wall, Silicon, Cambridge

SoftBank CFO Yoshimitsu Goto and Arm Holdings CEO Rene Haas pose for a photo at the Nasdaq MarketSite on September 14, 2023 in New York City. Shares of chip design company Arm Holdings started trading on the Nasdaq Thursday morning in a long-anticipated IPO at a share price of $56.10, valuing the company at $59.9 billion. Arm Holdings sold around 95.5 million shares on the Nasdaq. Softbank, which took the company private in 2016, will control around 90% of Arm's shares outstanding. At a $54 billion valuation, Arm's price-to-earnings multiple would be about 104 based on the most recent fiscal year profit.

Persons: Yoshimitsu Goto, Rene Haas, Arm, Masayoshi Son Organizations: Arm, Nasdaq, Arm Holdings, Apple, Google, Samsung, CNBC Locations: New York City, British

☆ Arm China 'doing well,' CEO says, even as SoftBank's Masa Son reduces China exposure
▼ + stars: | 2023-09-14 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

You can watch David Faber's interview with Arm CEO Rene Haas and SoftBank CEO Masayoshi Son live on CNBC Pro. But SoftBank CEO Masayoshi Son, who made a fortune through Chinese juggernaut Alibaba , said SoftBank had reduced its "exposure in China" by a significant amount. Neither Arm nor SoftBank, which acquired Arm for $32 billion in 2016, directly control their China subsidiaries. Arm now only directly owns around 5% of Arm China, but the group still accounts for nearly a quarter of Arm's fiscal 2023 revenue, according to pre-offering filings. Son was focused on SoftBank's stake in Alibaba, which SoftBank has been reducing steadily over the last few years.

Persons: David Faber's, Rene Haas, Masayoshi, Masayoshi Son, Alibaba, SoftBank, Biden, Son, CNBC's David Faber, ByteDance Organizations: CNBC Pro, Arm, CNBC, Nasdaq, Intel, Nvidia, Vision, U.S Locations: China, Alibaba, SoftBank

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