Tag: JP:9984
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Nvidia discusses anchor investing role in IPO for chip designer Arm: report
[ad_1] U.K.-based Arm is hoping to bring on Nvidia Corp. as a cornerstone investor as the chip designer moves toward an initial public offering this year, the Financial Times reported on Wednesday, citing sources. AI chip superstar Nvidia NVDA, +0.53%, which became one of a handful of companies to reach a market cap of $1…
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SoftBank Group shares rise after CEO signals more aggressive stance
[ad_1] SoftBank Group’s shares 9984, +1.96% rose Wednesday after Chief Executive Masayoshi Son said he will shift his stance to “counter-offensive” soon. Shares were recently 2.6% higher at 6,864 yen ($48.53) after rising as much as 4.1% earlier to Y6,964, the highest intraday level since November. Son also said that he wants to conduct share…
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SoftBank’s Arm confidentially files for massive IPO
[ad_1] Arm Ltd., the British chip maker owned by Japan’s SoftBank Group Corp., confidentially filed for its long-awaited initial public offering over the weekend. Arm said Saturday that it submitted a draft registration statement for its IPO with the U.S. Securities and Exchange Commission, but did not reveal its size or price range. … [ad_2]…
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Alibaba shares fall as SoftBank reportedly sells most of its stake
[ad_1] U.S.-traded shares of Alibaba Group Holding Ltd. sank Wednesday following a report that SoftBank Group Corp. has moved to sell most of its stake in the Chinese tech giant. Citing an analysis of regulatory filings, the Financial Times reported Wednesday that Japan’s SoftBank JP:9984 has sold about $7.2 billion in Alibaba shares this year…