Chip design firm Arm said in a Tuesday filing that Apple , Google parent Alphabet , Nvidia and other technology companies are interested in buying up to $735 million in its shares as it seeks to go public on Nasdaq.
Chip foundry operators Intel , Samsung and TSMC are interested in investing alongside the three trillion-dollar technology companies, along with AMD and MediaTek, which make chip designs based on Arm architectures.
In 2020, Nvidia announced plans to acquire Arm from SoftBank for $40 billion, but regulators in the U.S. and the U.K. pushed back.
The fact that Nvidia wasn't able to buy Arm didn't stop Nvidia's co-founder and CEO Jensen Huang from talking up Arm during the chip-design company's IPO roadshow.
WATCH: Portfolio manager discusses the investment risks around Arm's IPO
Persons:
Chip, SoftBank, Nvidia's, Jensen Huang, Huang, Huang isn't, Rick Tsai
Organizations:
Apple, Google, Nvidia, Nasdaq, Intel, Samsung, AMD, Design Systems
Locations:
London, New York, SoftBank, U.S