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Search resuls for: "Arm Ltd"


9 mentions found


☆ Intel Expected to Post Loss as Demand for Chips Wanes
  + stars: | 2023-01-26 | by ( Asa Fitch | ) www.wsj.com   time to read: 1 min
Intel is among the chip companies that have pared back production plans and reduced capital spending. Intel Corp. is expected to report a fourth-quarter loss, hurt by a souring market for its chips and growing competition from rivals. Semiconductor companies have seen a stark shift to a glut of chips amid recession fears from a period of shortage during the height of the pandemic driven by demand for all-things digital. Intel also has been battling loss of market share to rivals such as Advanced Micro Devices Inc. and companies that have embraced semiconductors based on technology from British chip-design specialist Arm Ltd.
☆ Arm-Based Chips Make Inroads With Apple, Amazon
  + stars: | 2023-01-23 | by ( Asa Fitch | ) www.wsj.com   time to read: 1 min
A new generation of chips using Arm Ltd. technology is heaping pressure on Intel Corp. as the British chip-design specialist prepares for what could be one of the year’s highest-profile public listings. Arm-based chips have been winning market share in PCs and have become a more formidable rival in the increasingly important data-center market where Intel has long been the undisputed leader. Amazon .com Inc. has embraced the technology for its self-made server chips, and Microsoft Corp. and Google are working on processors using building blocks licensed from Arm, according to people familiar with their efforts.
☆ British PM Sunak revives talks for Arm's London IPO -FT
  + stars: | 2023-01-09 | by ( ) www.reuters.com   time to read: +1 min
Jan 9 (Reuters) - British Prime Minister Rishi Sunak has revived talks with Japan's SoftBank Group Corp (9984.T) regarding a London listing for chip designer Arm Ltd, the Financial Times reported on Monday. Sunak met Arm's Chief Executive Rene Haas last month in Downing Street and Masayoshi Son, the billionaire founder of SoftBank, joined via video, the report said, citing people familiar with the matter. The meeting was described as "very constructive" by two people briefed on the matter, and "positive" by another, the FT reported. Arm and SoftBank did not immediately respond to Reuters' request for comment. Reporting by Lavanya Ahire in Bengaluru; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.
☆ U.S., UK export controls hit China's access to Arm's chip designs -FT
  + stars: | 2022-12-14 | by ( ) www.reuters.com   time to read: +2 min
Dec 14 (Reuters) - Chinese tech giant Alibaba Group Holding Ltd cannot buy some of the most advanced chip designs after the SoftBank-owned (9984.T) British chip tech firm Arm Ltd determined that U.S. and Britain would not approve licences to export technology to China, the Financial Times reported on Wednesday. This is the first known time that Arm has decided it could not export its most cutting-edge designs to China, the report said, citing people familiar with the matter. The British chip tech firm concluded that the United States and Britain would not approve the sale of its latest Neoverse V series because the performance was too high, the report added. Arm launched its next generation of data center chip technology called Neoverse V2 earlier this year to meet the explosive growth of data from 5G and internet-connected gadgets. Reporting by Rhea Binoy in Bengaluru; Editing by Dhanya Ann Thoppil and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.
☆ Analysis: Kroger, Albertsons spin-off is extra ammunition in regulatory battle
  + stars: | 2022-10-17 | by ( Abigail Summerville Anirban Sen | Abigail Summerville | Anirban Sen | ) www.reuters.com   time to read: +5 min
The spin-out structure would make it easier and faster for Kroger and Albertsons to divest stores if they cannot easily sell them outright, people familiar with the arrangement said. The companies may struggle to find many buyers because Albertsons' stores are unionized, making them less attractive to potential bidders such as private equity firms. Kroger and Albertsons are likely to shed their least profitable stores and keep the best ones to themselves, analysts said. That region contains the most store-overlap between Kroger and Albertsons and is where divestitures are most likely, according to analysts. They intend for the spun-off company to not carry any debt, the sources added.
☆ Activist investor Starboard has sizable stake in Splunk
  + stars: | 2022-10-16 | by ( ) www.reuters.com   time to read: +1 min
Oct 16 (Reuters) - Activist investor Starboard Value LP has a nearly 5% stake in Splunk Inc (SPLK.O) and plans to push the software maker to take steps that would boost its share price, a source familiar with the matter said. Starboard and Splunk did not immediately respond to Reuters' requests for comment. Register now for FREE unlimited access to Reuters.com RegisterLast week, Splunk added two directors to its board, including a partner from Hellman & Friedman. The private-equity firm owns about 7.8% stake in the software maker. Last month, the activist hedge fund disclosed its stake in website development platform Wix, supporting Wix's bid to become profitable.
☆ Chip designer Arm appoints Jason Child as CFO
  + stars: | 2022-09-26 | by ( ) www.reuters.com   time to read: 1 min
Register now for FREE unlimited access to Reuters.com RegisterSept 26 (Reuters) - Britain's Arm Ltd said on Monday it has appointed Jason Child as its new chief financial officer (CFO). Child, who stepped down as the CFO of Splunk Inc (SPLK.O) on the same day, will join the company on Nov. 2 this year, the chip designer said. Child will succeed Inder Singh, who will remain at Arm in an advisory role and assist in the transition through November before moving to a new opportunity, Arm said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Jahnavi Nidumolu in Bengaluru Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.
☆ Samsung, SoftBank Chiefs Set to Discuss Potential Partnership Involving Chip Designer Arm
  + stars: | 2022-09-22 | by ( Jiyoung Sohn | ) www.wsj.com   time to read: 1 min
SEOUL— Samsung de facto chief Lee Jae-yong and SoftBank Group Chief Executive Masayoshi Son are set to meet in Seoul next month to discuss a potential partnership involving chip designer Arm Ltd., in what could become a powerhouse union between two of the world’s semiconductor giants. Son said Thursday that he would visit South Korea to meet with Samsung Electronics Co. about a strategic alliance with Arm, which is owned by SoftBank, the Japanese conglomerate. That confirmed similar remarks of a visit by Mr. Son from the prior day by Mr. Lee, whose signoff is required for any major move made by the South Korean conglomerate.
☆ Samsung Elec's Lee says SoftBank's Son expected to visit Seoul when asked about Arm-media
  + stars: | 2022-09-21 | by ( ) www.reuters.com   time to read: +1 min
Register now for FREE unlimited access to Reuters.com RegisterSEOUL, Sept 21 (Reuters) - Samsung Electronics (005930.KS) Vice chairman Jay Y. Lee said on Wednesday that SoftBank Group Corp (9984.T) CEO Masayoshi Son is expected to visit Seoul next month when asked about British chip designer Arm Ltd, multiple South Korean media reported. Son may "make a proposal," South Korean wire service News1 reported citing Lee, without elaborating. Lee said this in answer to a press question about whether he met Arm executives during his recent visit to Britain, according to News1. Register now for FREE unlimited access to Reuters.com RegisterSouth Korean media have speculated Samsung may participate in a potential joint acquisition of a stake in Arm. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Joyce Lee and Heekyong Yang; editing by Jason Neely and Louise HeavensOur Standards: The Thomson Reuters Trust Principles.
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